Johnson Tucker LLP acquired this property off-market for a retained client in Q4 2015.
The property comprises a retail unit of approximately 1,500 sq ft over ground and first floors. The ground floor is let to Subway Realty Limited on a 15 year lease from January 2011 at £20,000 pax. The first floor is let to a hairdresser until 2020 at the passing rent of £8,250 pax.
If you would like more information or would like to acquire similar investment opportunities please contact Daniel Capobasso on 0191 269 7897 or danielc@johnsontucker.co.uk.