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COMMERCIAL

61 Front Street, Tynemouth, North Tyneside

£800,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Commercial investment
  • Freehold guest house & tea rooms investment
  • Rental income £48000 per annum
  • 6.0 % yield on asking price
  • Tenants have a lease in place until Feb 2043
  • 7 luxury en-suite room / owners accommodation & tea garden
  • Presented to a high standard
  • Sough after affluent costal village

Description

Commercial investment. Freehold guest house & tea rooms investment. Rental income £48,000 per annum. 6.0 % yield on asking price. Tenants have a lease in place until Feb 2043. 7 luxury en-suite room, owners accommodation & tea garden. Presented to a high standard. Sough after affluent costal village.

Price £800,000 Freehold
Ref I148

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

61 Front Street, Tynemouth, North Tyneside

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tynemouth Metro Station0.1 miles
  • North Shields Metro Station1.0 miles
  • Cullercoats Metro Station1.3 miles

About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 16 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 12569847. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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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