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AVAILABLE

Freehold Leisure Investment In Highly Desirable Northumberland Location

Price:

£425,000 (7.04% NIY)

2,032 sq ft

INVESTMENT SUMMARY


  • Located in a highly desirable Northumberland location

  • Attractive stone building overlooking the River Coquet in picturesque village

  • Two brand new leases recently agreed demonstrating tenant commitment to the building

  • 87% of the income from the highly regarded The Running Fox Bakery

  • Fully let with total passing rent of £31,200 per annum

  • WAULT of 5.22 years to expiry, with no breaks

  • VAT free investment


We are instructed to seek offers in excess of £425,000 (Four Hundred and Twenty Five Thousand Pounds) reflecting a net initial yield of 7.04% assuming standard purchasers costs of 4.33%

Property Details

Location Details

Felton, Northumberland

Sector

Leisure, Retail

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