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%.
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
We are instructed to seek offers in excess of £1,500,000 (One Million Five Hundred Thousand Pounds).