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Allison Court Retail Park 3 Retail Properties Offered at $10,450,590 in Gateshead
INVESTMENT HIGHLIGHTS
- Highly prominent roadside retail park investment
- Located immediately adjacent to the 2 million sq ft Metrocentre, the UK’s 2nd largest shopping centre
- Park comprises 11 units extending to approximately 44,466 sq ft
EXECUTIVE SUMMARY
Highly prominent roadside retail park investment. Offers are sought in excess of £7,830,000 exclusive for our client’s long leasehold Interest which, assuming standard purchaser’s costs and prevailing SDLT, reflects a Net Initial Yield of 7.50%.
PROPERTY FACTS
| Price | $10,450,590 | Number of Properties | 3 |
| Price / SF | $235.02 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 44,466 SF |
| Sale Type | Investment | Total Land Area | 53.52 AC |
| Status | Active |
| Price | $10,450,590 |
| Price / SF | $235.02 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 44,466 SF |
| Total Land Area | 53.52 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Allison Court
Allison Ct, Gateshead NE11 9YS |
Retail | 16,130 SF | 2000 | - |
|
Allison Court
6 Metrocentre, Gateshead NE11 9YS |
Retail | 15,968 SF | 2007 | - |
|
Allison Court
Allison Ct, Gateshead NE11 9YS |
Retail | 12,368 SF | 2001 | - |
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Allison Court Retail Park
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