REF: 194160599

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For Sale

For Sale: Sale And Leaseback Investment In Teesside

Key Features

  • Long Running Business
  • Successful Business
  • 9.2% Yield
  • Huge Property
  • Great Location
  • On Site Car Parking
  • No Direct Approach

Specifications

Offices, Invest and Develop

14692.34 sqft

650000

Description

Parker Barras are delighted to bring to the market this confidential property sale which is offered as a sale and leaseback.

The 14,692.34 sq ft. property which is owned and occupied by a local company which have been running for over 50 years has came to the market.

Located in a central postcode in the teesside are the property is in a prime location for investors.

The occupiers are offering a new lease to any prospect buyer on terms which can be seen below

Rent £60,000 Per Annum

Lease Term - 10 years

Break Clause - 5 Year

Person Guarantee From Business Owners

Further information is available upon a NDA being signed.

Strictly no direct approach to be made.