Sold by Delta Capital
Investment Property Anchored by Heron Foods Finds New Owner
Price:
£800,000
Size:
Undisclosed
Location:
Prudhoe, Northumberland
Year of Sale:
2024
We're delighted to announce the successful sale of a well-located high street investment property anchored by the established tenants, Heron Frozen Foods & RSPCA.
This asset includes a valuable mix of retail and residential space. Two ground floor retail units and six well-maintained flats on the upper floors generate a combined rental income of £90,000 per year.
The sale reflects continued investor interest in high-yielding properties with secure income streams & value-add opportunities, achieving a net initial yield of approximately 10.66%.
Looking for Similar Opportunities?
If you're interested in acquiring similar high-yielding investment properties with established tenants, or are considering disposing of similar assets, please contact:
Daniel Capobasso MRICS
07968618948
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Location:
Prudhoe, Northumberland
Sector
Retail, Residential
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