Property description
Investment Property, 46-60 Park View, Whitley Bay, NE26 2TH.
Reflects 13.6% Yield on Guide Price. Large Freehold Building Over Three Floors. Floor Area (825.26 sq. m. VOA). Rental Income £68,000 per annum. 25 Year Lease commenced 1998. Current Tenants are Poundstretcher.
Auction Guide Price £499,950
Ref F973
For Sale by auction terms and conditions apply see
www.agentspropertyauction.com.
Auction Date: Thursday 27th August 2015. Registration at 6.30pm, Gosforth Marriott Hotel.“Each auction property is offered at a guide price and is also subject to a reserve price. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.”