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Long Leasehold Retail Investment Stockton-on-Tees TS18
Auction Date
21 November 2024
Guide Price
£70,000
Property Summary
Guide Price £70,000. The ground floor only of a three storey building arranged as a retail unit totalling approximately 45.26 sq m (487 sq ft). Leasehold for a term of 999 years from completion (refer to legal pack). Let until 2034 (subject to break opton in 2029). Guide price reflects a gross initial yield of 14.29%. Producing £10,000 per annum.
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