Westoe Crown Village Retail Centre, South Shields, Tyne And Wear, NE33
£159.99 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
12,813 sq ft
1,190 sq m
- SECTOR
High street retail property for sale
Description
* An attractive purpose-built convenience retail parade comprising nine units
* 33% of the income is secured to Tesco Stores Ltd, who recently extended their lease term by a further 15 years, expiring July 2041
* 41% of income is from undoubted covenants Tesco Stores Limited and Church of England's
Childrens Society
* The property shows a strong WAULT of 14.36 years to expiry and 11.54 years to break
* 36% of the income benefits from index-linked reviews
* South Shields is benefitting from a number of ongoing major developments, including a £95m
town centre regeneration project
* EPCs rated B
* Freehold
Brochures
Westoe Crown Village Retail Centre, South Shields, Tyne And Wear, NE33
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Shields Metro Station0.5 miles
- Chichester Metro Station0.7 miles
- North Shields Metro Station1.6 miles
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