Property description
3 Station Road, Whitley Bay, NE26 2QY.
Investment Opportunity in Busy Coastal Town. Ground Floor Tenanted Retail Unit. Rental Income £7,600 per annum (Reflecting 19% Yield on Guide Price). Will be on a New 99 Year Long Lease.
Auction Guide Price £39,950+
Ref G253
For Sale by auction terms and conditions apply see www.agentspropertyauction.com.
Auction Date: Wednesday 30th March 2016, Gosforth Mariott Hotel, Registration Starts 6.30pm
“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.”