UNDER OFFER
Single let nursery investment in prominent Northumberland location
Price:
£320,000 (7.55% NIY)
2,895 sq ft
NVESTMENT SUMMARY
Location in Blyth, Northumberland with immediately population of 40,000 and county wide population of just over 319,000
Prominently positioned on Bridge Street, close to the town centre
Total floor area of approximately 2,895 sq ft over ground and two upper floors
Entirely let to a children’s day nursery; Dinotots Childcare Limited
The tenant is reported as “low risk” by CreditSafe
Let on a new 5 year lease from July 2024 at £25,000 per annum
We are instructed to seek offers in excess of £320,000 (Three Hundred & Twenty Thousand Pounds) reflecting a net initial yield of 7.55% assuming purchasers’ costs of 3.52%.
Property Details
Location Details
Blyth, Northumberland
Sector
Nursery
Share and Explore
Download the brochure for full listing details, or share it with your network.
MAKE AN ENQUIRY
An outstanding opportunity
Our property listing brochure contains full details of this listing. Prefer to chat to us about the property? Send us an email or give us a call.