Development Sites for sale in North East England

View the "MODERN, FREEHOLD MULTI-LET RETAIL DEVELOPMENT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Y. MacGregor (Nov 2017)
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Freehold Price: Offers above £4,500,000
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Business Description
The development consists of 13 fully-let premises with a passing rent of circa £276k. Constructed in 2017, the development comprises a modern retail scheme arranged around three sides of a central car park. Comprises circa 14,000 sq ft of operational premises. Blue-chip stores include Co-Op Food, Barnardo’s and Cooplands. Rental agreements on the premises range from 5 - to 125-year leases, ensuring the financial security of the development. Strategically located on one of the largest private housing estates in Europe, with household numbers spanning 25,000. As an investment opportunity, the development is managed by an outsourced commercial real estate agent company. Offers invited.
Tenure: Freehold

Listed by: Knightsbridge Business Sales

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