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For sale | Retail |
Offers around £400,000

1 Railway Street Newcastle , BT33 0AL

Offers around £400,000

Key Information

Address 1 Railway Street, Newcastle
Style Retail
Status For sale
Price Offers around £400,000
EPC

Features

  • Viewing: By appointment only
  • Further details of the leases available from agent

Additional Information

Investment Property (Businesses Unaffected)


Investment opportunities on this scale rarely come to the market in Newcastle. The units are in a very busy area of the town, being close to the bus station and a Lidl supermarket. They are configured in such a way as to accommodate a number of tenants but could be reconfigured (Subject to statutory consents) differently to allow for various uses.

The Property Comprises:
Unit 1, 2, 3 & 4 - Facing onto former petrol forecourt
Size Approx: 2000sq.ft Hot food carryout. Rent: £18,000 Lease: 10 years from 1st April 2019
Units 5,6 and 7 - These units are accessed off the side of the building and are all open to each other, ground and first floor
Size approx: 2195 sq ft. Rent: Vacant.
Unit 8 - Access off side of building
Size approx: 555 sq ft - Hairdresser Rent: £4800 Lease: Expired.
Unit 9 - Access off side of building
Size approx: 508 sq ft - Vape Shop Rent: £6000 Lease: Expired.
Unit 10 - Access off side of building
Size approx: 1090 sq ft Rent: £6960 Lease: Expired.
Unit 11 - Access off side of building
Size approx: 583 sq ft. Rent: Vacant.

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