24 Station Road, Whitley Bay£110,000
On MarketRMS Commercial - 0191 2120000I034
- Commercial investment
- Rental income of £7200 per annum
- Yield of 6.55% on asking price
- Close to metro station
- Ideal investment opportunity
- 2 x flats included (sold on long leasehold basis)
Property for sale. Commercial investment. Rental income £7,200 per annum. Yield of 6.55% on asking price.
Tenanted retail unit on popular road in coastal area. Close to Whitley Bay Metro Station. 7 year lease in place, from 2020. Very well presented. Prominent central position. Floor area 64.4 sq.m. (693 sq.ft.). Includes freehold of 2 x flats (sold on a 99 year long leasehold basis, from 1987).
EPC: E
Freehold £110,000
Ref I034
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