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1-2 Dipwood Rd
Rowlands Gill NE39 1BY
Retail Property For Sale
Investment Highlights
- Situated in a corner position in the commercial centre of Rowlands Gill directly opposite Tesco Local
- Restaurants have expiries in 2031 providing approximately 7 years unbroken income
- VAT Free Investment fully occupied with total income of £34,700 per annum
- Comprising a mixed-use investment with two ground floor restaurants and a first floor gym
- Opportunity to add value by renewing the first floor lease with the gym operator
- Rowlands Gill a village situated on the North Bank of the River Derwent in Gateshead, Tyne and Wear
Property Facts
Property Type
Retail
Building Size
4,286 SF
Building Class
C
Year Built
1900
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.21 AC
Frontage
51’ on Dipwood Road
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