Sold by Delta Capital
High Yielding Acquisition: Secure Investment Property in Middlesbrough
Price:
£252,500
Size:
Undisclosed
Location:
Acklam, Middlesbrough
Year of Sale:
2024
We've recently acquired a multi let retail investment in a popular and busy Middlesbrough suburb. This high-street location boasts a strong tenant mix, including a well-established William Hill bookmaker and two thriving local retailers.
The off-market purchase secures a reliable income stream of £29,400 per annum, showing a healthy net initial yield. This acquisition also presents a strategic opportunity for future value creation through lease re-negotiation and potential individual property sales.
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Contact:
Daniel Capobasso
M: 07968618948
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Location:
Acklam, Middlesbrough
Sector
Retail
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