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COMMERCIALSOLD STC

Albert Road, Jarrow

£100,000
10Homes, Gateshead
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

2

BATHROOMS

1

SIZE

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Description

Investment Opportunity: Freehold Commercial Property with Residential Flat in Jarrow

Overview
A unique opportunity to acquire a freehold property in a highly sought-after area of Jarrow. This property comprises a commercial unit on the ground floor, currently let to a well-established business, and a spacious two-bedroom flat on the upper floor, generating steady rental income from long-term tenants.

For Investors
This property is an attractive investment due to its combination of stable rental income and its position within a busy area of Jarrow. The ground-floor commercial unit is let to a local business at a rate of £238.33PCM. The flat on the upper floor is let under an (AST) to a long-term tenant, currently generating a rental income of £475 per calendar month (PCM). There is scope for a rent review on both the shop and flat.

Jarrow has seen positive rental growth trends in recent years, making this mixed-use property a solid investment.

Key Details
Tenure: Freehold

Brochures

Full Details

Albert Road, Jarrow

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Jarrow Metro Station0.4 miles
  • Hebburn Metro Station0.7 miles
  • Hadrian Road Metro Station1.2 miles

About 10Homes, Gateshead

412 Aiden House Tynegate Precinct, Sunderland Road, Gateshead, NE8 3HU
Industry affiliations:Industry affiliation logo 0

10Homes. Focused Selling.

Focused

A 10Homes agent only takes on 10Homes at any time, so that they have the time, resources and motivation that they need to properly focus on getting the best results for you.

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Buyer information packs, reservation agreements, and online bidding help us to move quicker, secure the best price from a genuine buyer, and to get to completion quicker.

The best local agents

Every 10Homes agent has significant top level estate agency experience , and has superb local knowledge and practical experience to help get you the results that you need.

Notes

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Disclaimer - Property reference 12519815. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by 10Homes, Gateshead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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