Gateshead Valeting Centre
Site 3, Derwenthaugh Industrial Estate, Derwenthaugh, Blaydon NE16 3BJ
Summary
- Alexander James acted on behalf of the Tenant in relation to a lease buy-out of a valeting centre
- The transaction was agreed off market
- The property was let to Wash Car Systems UK Limited
- The lease expires on 28 September 2036
- Passing rent of £45,000 per annum subject to open RPI rent reviews with a collar of 1.5%
- Purchase price – Confidential
- For further information contact Richard Syers