839 Welbeck Road, Newcastle Upon Tyne, Tyne And Wear, NE6 4JP
The property fronts directly onto Welbeck Road, close to its junction with Weardale Avenue within a predominantly and densely populated residential area, approximately 3 miles east of Newcastle Upon Tyne City Centre.
A dental investment comprising a two storey property currently let producing an annual income of £9,500.
|Ground Floor||Surgery practice extending to approximately 35.6 SQ M / 383 SQ FT|
|First Floor||Surgery practice extending to approximately 27.3 SQ M / 294 SQ FT|
The property is let to Whitecross Dental Care Ltd for a period of 15 years from 1st October 2012 at an initial annual rent of £8,000. Following a rent review the rental income was increased to £9,500. The tenant has an option to determine the lease in 2022 when a further rent review is also due.
The initial lease has been subject to a rent review and is producing £9,500 per annum.
Newcastle Upon Tyne,
Tyne And Wear,
NE6 4JP Open in Google Maps