Properties for sale - Felling Shopping Centre
New opportunity, Felling
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Description: |
Shopping centre comprising 12 shop units, banking hall and a supermarket |
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Term: |
Long leasehold from Gateshead Council for a term of 125 years from January 1975 (92 years unexpired) |
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Tenant: |
Tenant mix is 35% independent and 65% national retailers including Co-op, Lloyds Bank, Greggs bakery and Ladbrokes |
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Location: |
Felling, near Gateshead, Tyne & Wear |
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Proposed net yield to syndicate: |
8.0% per annum |
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Minimum investment: |
£25,000 |
