Arndale House
Arndale House, Washington, Tyne and Wear, NE37 2SY
Multi-let long-leasehold retail investment, totalling 30,891 sqft. Situated on Victoria Road, Arndale House is the principal shopping parade in its locality.
Our Investment Strategy
Numerous asset management functions were employed, including; refurbishment, lease regearing, letting of voids and rent reviews to increase the income stream from £152,670 to £235,040. The property was sold.
Acquisition Price
£1,700,000
Disposal Strategy
£3,466,000
IRR (Per Annam)
