2 Azure Court, Doxford Business Park, Sunderland
We are instructed to seek offers of £680,000 (Six Hundred and Eighty Thousand Pounds), which reflects a net initial yield of 9.01% after purchaser’s costs at 5.26%.
No1 Cathedral Square, Newcastle upon Tyne
Offers sought in excess of £6,000,000 (Six Million Pounds) reflecting a net initial yield of 10.41% assuming purchaser’s costs of 6.63%.
Unit 5&6 Manor Court, Scarborough
Modern high specification 417.63 sq m (4,495 sq ft) office building Let to Fortus North Limited Located on the 92,900 sq m (1,000,000 sq ft) Scarborough Business Park 10 year lease from 11th October 2021 (break 11th October 2026) Rent £52,750 per annum (£11.00 per sq ft) We are Read more…
Fountain House, Morpeth, Northumbeland
14,424sq ft sq ft mixed use building in the attractive Market Town Morpeth is an affluent commuter town servicing Newcastle upon Tyne 87.5% of the income secured to Let to the undoubted covenant of The Secretary of State for Communities and Local Government Uncapped CPI rent review on 87.5% of Read more…
Unit 14 Halifax Court, Fernwood Business Park
Modern high specification 936 sq m (10,070 sq ft) office building Multi-let to 13 tenants with 66% of the income secured to Built Environment Design Partnership LLP with Shareholders Funds of £972,381 Located on the 38 acre Fernwood Business Park WAULT to expiry of 6.64 years and to break Read more…
Prime Market Town Investment – Scope, 60-62 Highgate, Kendal, Cumbria LA9 4TF
Kendal is the main market town serving the South Lake District area. The Lake District is a UNESCO World Heritage site. Let to Scope who have Shareholder Funds of £43m. New 5 year Lease at market rent. Home of the world famous Kendal Mint Cake. Cumbria & the Lake District Read more…
Starbucks, Greggs & Domino’s – Agnes Street, Stanley
Roadside investment opportunity Let to Starbucks, Greggs & Domino’s Starbucks has RPI based reviews. 4,300 sq ft of accommodation plus electric charging points Annual rent of £149,000 WAULT to expiry of 15 years We have been instructed to seek £2.625m, which will show a net initial yield of 5.33% after Read more…
Mecca Bingo, Hartlepool
Modern leisure unit extending to 2,906 sq. m. (31,284 sq. ft.). Located on the established Warrior Retail Park, one mile from Hartlepool town centre. Let to Mecca Bingo Limited with a WAULT to expiry of 10.7 years and 7.7 years to break. Guarantee from Rank Group Gaming Division Limited until Read more…
2 Diamond Court, Kingston Park, Newcastle
Modern high specification 280 sq m (3,015 sq ft) office building Excellent business park location next to the amenities of Kingston Park and with close proximity to both the A1(M) and Newcastle International Airport Let to RNJ Partnership LLP on a new 10 year lease expiring 31st March Read more…
47/61 King Street, South Shields
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. Read more…