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Park View Shopping Centre Park Vw 45,101 sq ft 84% Let Retail Property Whitley Bay NE26 2TJ £4,000,000 (£88.69/sq ft) 10.66% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Key anchor tenants include Sainsbury’s, Iceland, Peacocks, Superdrug, Home Bargains and Boots .
- Whitley Bay benefits from affordable housing, picturesque setting, thriving independent businesses and vibrant community.
- Current gross income of £638,890 per annum .
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Property Manager on Site
- Roller Shutters
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
This prominent unit is the final remaining in the scheme and is located at the Park View entrance of the centre. The unit provides the following approximate floor areas:- Ground Floor 168 sq m 1,809 sq ft First Floor 74 sq m 794 sq ft
Park View Shopping Centre is the prime shopping destination within Whitley Bay, linking Park View and Whitley Road. The scheme houses the town centres, principal car park at roof top level with spaces for circa 170 cars. Retailers located within the scheme include Sainsburys Local, Boots, Iceland, Superdrug, Costa, Select Ladieswear, Home Bargains, Card Factory, and more.
A new Effective Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £50,000 per annum exclusive.
| Space | Size | Space Use | Position | Available |
| 1 | 1,809 sq ft | Retail | In-Line | Now |
| 3 | 1,065 sq ft | Retail | In-Line | Now |
| 9-10 | 2,537 sq ft | Retail | Food Court | Now |
1
| Size |
| 1,809 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
3
| Size |
| 1,065 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9-10
| Size |
| 2,537 sq ft |
| Space Use |
| Retail |
| Position |
| Food Court |
| Available |
| Now |
1
| Size | 1,809 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This prominent unit is the final remaining in the scheme and is located at the Park View entrance of the centre. The unit provides the following approximate floor areas:- Ground Floor 168 sq m 1,809 sq ft First Floor 74 sq m 794 sq ft
3
| Size | 1,065 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Park View Shopping Centre is the prime shopping destination within Whitley Bay, linking Park View and Whitley Road. The scheme houses the town centres, principal car park at roof top level with spaces for circa 170 cars. Retailers located within the scheme include Sainsburys Local, Boots, Iceland, Superdrug, Costa, Select Ladieswear, Home Bargains, Card Factory, and more.
9-10
| Size | 2,537 sq ft |
| Space Use | Retail |
| Position | Food Court |
| Available | Now |
A new Effective Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £50,000 per annum exclusive.
NEARBY MAJOR RETAILERS
Presented by
Park View Shopping Centre | Park Vw
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