Long Leasehold Interest Tyne and Wear NE8 £550,000+

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Auction date: Wed, 14/02/2024 - 12:00

The long leasehold interest in a single storey warehouse accessed from a generous tarmac rear yard of circa 0.5 acres fronted by a two storey office facility which requires full refurbishment. There is separate forecourt parking and the site benefits from a road frontage of 60m. The long leasehold interest is for 99 years from 26 November 1964 at a passing rent of £7,500 per annum (39 years remaining unexpired).

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