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69 Bedford St 4,509 SF 100% Leased Retail Building North Shields NE29 6QF $795,698 CAD ($176.47 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- High Specification Throughout
- £33,000 per year income
- Fully Let to Lloyds Bank
EXECUTIVE SUMMARY
The property is let in its entirety to Lloyds Bank PLC at a passing rent of £33,300pa for a term of ten years from 28th February 2013 on full repairing and insuring terms. The rent increased at the recent rent review from the previous passing £32,300pa. Lloyds Bank PLC has been a tenant at the property since 1997, having previously owned the property prior to this. An extensive refurbishment of the property was undertaken by the tenant during 2016.
PROPERTY FACTS
AMENITIES
- Security System
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Finance and Insurance
- 3,403 SF
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- -
Depuis 1765, ils fournissent un soutien et des conseils spécialisés aux ménages, aux entreprises et aux collectivités de Grande-Bretagne. Leur expertise et leur compréhension reposent sur cette expérience, procurant confiance financière et tranquillité d'esprit à leurs clients de toutes les générations. À la Lloyds Bank, ils travaillent fort pour bâtir une banque véritablement représentative de la Grande-Bretagne moderne pour tous leurs clients, leurs communautés et leurs collègues. La Lloyds Bank fait partie du même groupe qui comprend Halifax et Bank of Scotland.
- Vaporized
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Finance and Insurance | 3,403 SF | - | - | ||
| Vaporized | - | - | - | - |
NEARBY MAJOR RETAILERS
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69 Bedford St
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