- 100% Prime Pitch.
- 24% of income secured to JD Sports PLC until 2026 with shareholder funds in excess of 1bn.
- South Shields is benefiting from the £100m South Shields 365 regeneration project.
- Port of Tyne to become base for world’s largest wind farm.
- The property is let to 7 occupiers.
- The property has a WAULT to expiry of 3.14 years.
- Total net rent of £407,224 pa.
We have been instructed to seek offers in excess of £3,200,000, which reflects a net initial yield of 11.95%.