Investment Summary
• Let to National Holidays Limited and Cats Protection Trustee Limited
• Freehold
• Central Town Centre Location
• Rental income £33,000 pax
• Offers in the region of £350,000 (Three Hundred & Fifty Thousand Pounds) exclusive, Subject to Contract
• Attractive 9.0 % Net Initial Yield (allowing for purchaser's costs)
The property is in Stockton High Street at the heart of the recently completed town centre regeneration area and is opposite new on street parking which presently provides 1-hour free parking. The shop is situated in between Cooplands and Admiral Amusements. Retailers opposite retailers include Santander and Costa Coffee.
Price
Offers sought in the region of £350,000 (Three Hundred & Fifty Thousand Pounds) exclusive, Subject to Contract, and reflecting an attractive 9.0 % Net Initial Yield (allowing for purchaser's costs).