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133 Lumley Close, Washington

Guide Price
£39,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to Private Individuals t/a A & J Hair Design
  • Lease Expires 05.08.2028
  • Approx. 685 sq ft (63.62 sq m)
  • Investment Let at £6,500 p.a. (16% GIY on Guide Price)

Description

The property comprises a high yielding retail investment with evident asset management potential located within an established residential area.Arranged as a ground floor retail unit totalling approx. 685 sq ft (63.62 sq m), the property is let to private individuals t/a A & J Hair Design on a five year lease expiring 05.08.2028 and paying £6,500 per annum.

The property comprises part of the principal retail amenity for the surrounding residential area. Furthermore the property fronts the only pedestrian route crossing the A182 and providing access to the Galleries Shopping Centre.

Brochures

133 Lumley Close, Washington

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chester-le-Street Station3.4 miles
  • Pelaw Metro Station3.6 miles
  • Heworth Station3.7 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference A4EFFDB4-500C-4C90-9148-8D1A2DEEF823. 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 Savills, Savills Auctions- Commercial. 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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