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Dominos Portfolio, Harrogate, Bridlington, Sunderland, Stockton, Hartlepool, HG2

Guide Price
£1,500,000

£500.00 per sq ft

Business rates & charges may apply

Bradley Hall, Newcastle Upon Tyne
SIZE AVAILABLE

3,000 sq ft

279 sq m

SECTOR

Shop for sale

Description

We have been instructed to seek offers in excess of
£1,500,000 which reflects a Net Initial Yield of 6.79%
(assuming costs at 6.10%) with a potential reversionary
yield of 7.67%

INVESTMENT SUMMARY
Long Term Income
Rent secured against strong covenant of DP Realty Limited
Diverse income and geographic spread
Freehold
Total passing rent of £108,100
5 yearly rent reviews
Sui Generis use with permitted change to use Class E
Blended WAULT of 14.80 years to expiry
Reversion to ERV circa £122,000 p.a
EPC Rating B-D


Brochures

Dominos Portfolio, Harrogate, Bridlington, Sunderland, Stockton, Hartlepool, HG2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hornbeam Park Station54.9 miles
  • Harrogate Station55.2 miles
  • Pannal Station55.4 miles

About Bradley Hall, Newcastle Upon Tyne

33-39 Grey Street, Newcastle Upon Tyne, NE1 6EE

Notes

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Disclaimer - Property reference CMR250222. 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 Bradley Hall, Newcastle Upon Tyne. 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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