East View, Boldon Colliery, NE35

£475,000

TENANTED INVESTMENT

The subject property is offered for sale as a tenanted investment occupied primarily by Heron Frozen Foods and a Barber Shop business within a smaller element. The property is located in a busy retail location serving a sizeable local population and surrounding communities at East View and North Road, Boldon Colliery.

Heron Frozen Foods have been in occupation since June 2013 and have committed to a 15 year lease. The passing rent is £35,000 P.A. Istanbul Barbers have committed to a 10 year lease from April 2016 for £9,000 P.A. The tenancies are on an Internal Repair and Insure basis.

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