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Mixed Investment Property

Gosforth £550,000 Freehold REF: NE2089

Location

This is a portfolio of three properties with three separate addresses and tenants in both of the retail units. The properties are located on High Street, close to the junction with Salters Road and Station Road, within the main retail area serving Gosforth.

Gosforth is an extremely popular and sought after residential suburb of Newcastle and this block is located within the shopping area that comprises a healthy mix of independent and national traders.

Description

The portfolio comprises;

197 - 199 High Street

A ground floor retail unit (52 sq.m.) occupied by an Italian Café.

201 High Street

A ground floor retail unit (34 sq.m.) with return frontage and trading as a Jeweller.

1a Woodbine Road

An upper maisonette with potential for up to 4 bedrooms and which is in excellent condition throughout.

Access to the flat is from Woodbine Road through a small, secluded garden with a patio and seating area. There is another access from the rear of the flat through a shared ground floor yard.  

Legal Costs

Each party to be responsible for their own legal costs in the transaction.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

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