49 Station Road, Gosforth £125,000

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“I have worked with the RMS Commercial team on a variety of projects, from business sales and negotiation through to commercial property sales and marketing. I have always found the team effective and responsive and they have consistently secured excellent tenants. I will continue to use RMS in the future and would happily recommend them” – Glen Perry, Managing Director

49 Station Road, Gosforth £125,000

 

On Market

49 Station Road, Gosforth

 

 

Property for sale. Commercial investment on main road in Gosforth area. Rental income £12,000 per annum. Generating 9.6% yield, on asking price.
Ground floor retail unit on busy main road. Currently let to a mini market, on a 10 year lease (from 2018). Rent to increase to £13,000 (from year 5) which would increase the yield to 10.4, based on the asking price. Excellent passing trade. Rear yard and outbuilding to rear. Great investment opportunity.
Freehold £125,000
Ref H056

 


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  • Area: 49 Station Road Gosforth Newcastle Upon Tyne Tyne And Wear NE3 1QD Gosforth 
  • Price Range: £125,000 
  • Branch: Newcastle 
  • Type: Commercial 
  • Commercial Property: Commercial Sales 
  • Type of Property: Investment 
  • Business Type: Investment 
  • main_advert: Property for sale. Commercial investment on main road in Gosforth area. Rental income £12,000 per annum. Generating 9.6% yield, on asking price.

    Ground floor retail unit on busy main road. Currently let to a mini market, on a 10 year lease (from 2018). Rent to increase to £13,000 (from year 5) which would increase the yield to 10.4, based on the asking price. Excellent passing trade. Rear yard and outbuilding to rear. Great investment opportunity.

    Freehold £125,000

    Ref H056