Independent Unit at Addison Mews, Wesley Grove, Ryton, Tyne And Wear, NE40 4EP

Independent Unit at Addison Mews, Wesley Grove, Ryton, Tyne And Wear, NE40 4EP

£675,000
Commercial
Withdrawn
About this Property
05 November 2024
Withdrawn
£675,000
Traditional
Commercial
Description

Freehold commercial care home investment located at an independent unit on Addison Mews, Wesley Grove, Ryton, Tyne And Wear, NE40 4EP. The property comprises a modern, purpose-built independent living unit with a total accommodation of 215.0 sq m (2,314 sq ft). It is let to The Borough Council of Gateshead on a new 10-year lease, with uncapped rental increases linked to RPI every third year, the next increase scheduled for 2027. The rental value is £52,000, and VAT is not applicable. Six-week completion is available. The property is situated in a predominantly residential area, approximately 7 miles west of Newcastle City Centre, with nearby amenities including One Stop,

Location
Map location for Independent Unit at Addison Mews, Wesley Grove, Ryton, Tyne And Wear, NE40 4EP
More Information
Freehold
Planning Authority
Gateshead LPA

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