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.