Roadside Investment – Passfield Way, Peterlee
We have been instructed to seek £4.25m, which will show a net initial yield of 6.10% (2.3% costs) on the basis of an SPV sale or 5.86% after standard purchase costs of 6.54%.
We have been instructed to seek £4.25m, which will show a net initial yield of 6.10% (2.3% costs) on the basis of an SPV sale or 5.86% after standard purchase costs of 6.54%.
We are instructed to seek offers in excess of £3,400,000 which reflects a net initial yield of 8.02% after purchaser’s costs of 6.49% and a low capital value of just £132 per sq ft overall and a potential reversionary yield of 9.2%.
We are instructed to seek offers in excess of £595,000 which reflects a net initial yield of 7.04% after purchaser’s costs of 5.04%.
Tenants include McDonalds, Costa & Taco Bell amongst others. 12,406sq ft + EV charging points. Annual rent of £451,250pa. 47% of the income to McDonalds & Costa. WAULT of 13.8 years to expiry. We are instructed to seek offers in excess of £8,150,000 which reflects a true net initial yield Read more…
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…
Prime site at the heart of the Gateshead Quays Rapidly changing landscape to include the £200m Arena & Conference Centre Development Building of c. 11,000sq ft with the opportunity to significantly increase floor area The Property currently has the benefit of a 4am premises licence Suitable for a number of Read more…