𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:-
-Attractive, purpose-built freehold retail parade comprising nine units.
-33% of income secured to Tesco, which recently extended its lease to July 2041.
-41% of income from undoubted covenants: Tesco and the Church of England’s Children’s Society.
-36% of income index-linked, providing built-in inflation protection.
-Strong WAULT of 14.36 years to expiry / 11.54 years to break.
-Picturesque location, moments from South Shields seafront and just 7 miles from Newcastle.
-Westoe taps into strong regional fundamentals, benefitting from a £95m town centre regeneration in South Shields.

𝗣𝗿𝗼𝗽𝗼𝘀𝗮𝗹:-
We’ve been instructed by our client to seek offers in excess of £2,050,000, reflecting a net initial yield of 9.03%.

Take a look at the brochure below, then get in touch with Tom Heptonstall or Patrick Kilvington, or joint agents Delta Capital Property Investment’s Daniel Capobasso for more details.

Westoe Crown Village Brochure