£340,000

Bradley Hall

Scotland Gate, NE62 5SE

Property key facts

  • Bedrooms

    Studio
  • Bathrooms

  • Internal area

  • Property type

    Other
  • Year built

    Ask Agent

Key facts

  • Multi Let Retail Parade
  • 4 Self Contained Units
  • Total passing rent £34,476
  • Net Initial Yield 8.27%
  • Auction
  • Investment

Property description

Additional text is available below.
FOR SALE VIA ONLINE AUCTION: terms and conditions apply. Link to bid: auction.bradleyhall.co.uk/lot/details/162689 An excellent investment opportunity comprising a fully let, mixed-use property arranged to provide four self-contained retail units, together with a well-presented three-bedroom residential dwelling. The asset produces a strong combined annual rental income of £34,476. Situated in a thriving and well-established location, the property offers a strong blend of secure long-term income and future growth potential, making it an attractive proposition for both experienced investors and those looking to expand or diversify their portfolio. Unit 1 - Sheds of Wool 190.7sqm (2,053sqft) Let on a 5 year term from 01/09/25 at a rent of £6,000pa. Unit 2 - Wash & Go 101.5sqm (1,093sqft) Let on a 5 year term from 31/07/25 at a rent of £6,600pa. Unit 3 - Wash & Go 102.5sqm (1,103sqft) Let on a 5 year term from 01/08/25 at a rent of £6,600pa. Unit 4 - In Disguise 250.6sqm (2,697sqft) Let on a 5 year term from 01/08/25 at a rent of £6,276pa. House - Brendalan 116sqm (1,249sqft) Let from 01/08/25 at a rent of £9,000pa.

Brochures

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Property Location

Scotland Gate, NE62 5SE

Nearest stations

Nearest schools

Utility supply

  • Electricity

  • Water

  • Heating

  • Sewerage

Private rights of way
Public rights of way
Listed property
Restrictions

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