News

Multi-Let Retail Investment in Whitley Bay Sold by Johnson Tucker

305 Whitley Road, Whitley Bay, Tyne and Wear, NE26 2HU

We are very pleased to confirm that in December 2018 Johnson Tucker sold this fully let building in the centre of Whitley Bay entirely let to five tenants, producing a combined income of £89,000 per annum.  The property sold for £900,000 reflecting a net initial yield of approximately 9.35%.

If you would like more information on this investment sale or any other investments listed on our website please contact Daniel Capobasso on 0191 269 7897 or email danielc@johnsontucker.co.uk. Please feel free to subscribe to our investment property mailing list to receive the latest investment opportunities.