£139,950

Property for sale

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Just added
Freehold

Offers over

£139,950

Property for sale

3/3A Cherwell Square, Forest Hall NE12

Local area information

Property location

Nearby amenities

  • St Marys Roman Catholic Primary School Aided 0.3 miles
  • Forest Hall Primary School 0.3 miles
  • Manors 3.9 miles
  • Newcastle 4.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Two stroey commercial investment
  • Rental income £14400 per annum
  • Generating yield of 10.29% on asking price
  • Great investment opportunity
  • Lease in place until 2029
  • Long leasehold (until 2124)
Property for sale. Commercial investment. Rental income £14,400 per annum. Generating yield of 10.29% on asking price.

Tenanted two storey commercial property, with accommodation, in popular residential area. Cake/bakery business in place with a 15 year lease (until 2034). Rent increase to £15,600 per annum (2029). Floor area 136.8 sq.m. (1,472 sq.ft.). Great investment opportunity. 99 year long leasehold (until 2124).

EPC: C

Long leasehold: Offers in excess of £139,950

Ref: I264

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Property descriptions and related information displayed on this page are marketing materials provided by - Rook Matthews Sayer - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rook Matthews Sayer - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. Forest Hall
  6. Cherwell Square