Investment for sale North Shields NE29 7SE,6349sq ft

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Investment

Investment For Sale North Shields

PROPERTY ID: 133501

PROPERTY TYPE

Investment

STATUS

Available

SIZE

6,349-12,425 sq.ft

Key Features

The portfolio comprises a converted pavilion office alongside two high-quality hybrid units, totalling a combined 25,686 sq ft.

All three assets will be fully let to 3t Training Services Ltd on three new co-terminus FRI leases.

The new leases will provide new unbroken 15-year lease term, with 5-yearly upwards only rent reviews to RPI (2%-4%).

Total rent roll of £216,002 pa, equating to a low average passing rent of £8.41 psf.

3t Training Services are the UK's biggest energy sector training provider and provide an unrivalled range of accredited training courses within their state of the art facilities.

Virtual Freehold.

Property Details

Sale & Leaseback Investment Opportunity - Total Combined Size For All Three Buildings 25,686 Sq Ft Rare Opportunity To Acquire A Three-asset Single-let Portfolio Investment On The Established Tyne Tunnel Trading Estate.

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About the Agent

HTA Real Estate

See Agent's Other Properties

Investment Unit

£2,350,000 Freehold

SALE & LEASEBACK INVESTMENT OPPORTUNITY,11-12 Jupiter Court, North Shields, NE29 7SE

Investment - Available
6,349-12,425 sq ft
590-1,154 sqm

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