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.

Arndale

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)

99%

Arndale
Arndale