Lot
026
Auction Ends: 21/09/2022 13:32

Advertising Hoarding on Sunderland Road (B1426), Gateshead, Tyne And Wear NE8 3QP

Property Details
Location
Description
Advertising hoarding investment comprising a parcel of freehold land sold subject to a 10 year licence in favour of Primesight (trading as Global) for two 48 sheet billboards at a rental income of £2,200 per annum.
Location
The site lies on Sunderland Road (B1426) close to its intersection with Churchill Road, in a primarily residential location, approximately 1 miles east of Gateshead, which itself lies approximately 2.5 miles south of Newcastle Upon Tyne.
Approx Site Area
Approximately 226 Sq M (270 Sq Yds)
Tenure
Unknown
Tenancy
The site is subject to a 10 year licence commencing 15th August 2022 in favour of Primesight Limited (trading as Global) for two 48 sheet billboards at a rental income of £2,200 per annum.

The Annual Report and Financial Statements available on Companies House for Primesight Limited for the year ending 31 March 2021 detail Revenue of £38.7m : (Source Companies House https://www.gov.uk/government/organisations/companies-house)
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 20TH SEPTEMBER AND CLOSES ON WEDNESDAY 21ST SEPTEMBER.

Our Nearest Office

Newcastle 600x300

Newcastle

You may also like

001

Waverley Community Centre, Church Lane, Balby, Doncaster, South Yorkshire, DN4 0UQ

Auction Ends: 26/02/2025

Guide Price: £37,000 plus

002

Shaw Trust Property, Cedar Road, Doncaster, South Yorkshire, DN4 9HT

Auction Ends: 26/02/2025

Guide Price: £140,000 plus

003

Freehold Grounds, Block A ,Chase Court , Chase Road, Loxley, Sheffield, South Yorkshire, S6 6QZ

Auction Ends: 26/02/2025

Guide Price: £1,250 plus

004

224-226 Halifax Road, Ripponden, Sowerby Bridge, Halifax, West Yorkshire, HX6 4BG

Auction Ends: 26/02/2025

Guide Price: £90,000 plus

005

41 North Road, Calow, Chesterfield, Derbyshire, S44 5BQ

Auction Ends: 26/02/2025

Guide Price: £40,000 plus

006

25 High Street, Dronfield, Derbyshire, S18 1PX

Auction Ends: 26/02/2025

Guide Price: £90,000 plus

007

Land To The North Of 33 Green Lane, New Tupton, Chesterfield, Derbyshire, S42 6XW

Auction Ends: 26/02/2025

Guide Price: £10,000 plus

009

Land East Of 59 Cemetery Road, Danesmoor, Chesterfield, Derbyshire, S45 9DA

Auction Ends: 26/02/2025

Guide Price: £20,000 plus

Search Available
Online Auctions
Search online auction icon
Guide to
Buying at Auction
Buying guide icon
Guide to Selling
Your Property
Selling guide icon
Sign Up For
Auction Alerts
Alert icon