Properties

Tenure

Location

Leisure

The Boathouse, Newburn, Newcastle upon Tyne, NE15 8NL

The available property consists of the ground floor of a traditional, historic stone brick building on the banks of the River Tyne. Externally there are three separate outdoor seating areas which could be used as dining terraces with picturesque views across the Tyne.  Following recent damage, the premises are to be completely re-fitted. Ideally the new internal layout will be agreed with the successful tenant but the area will consist of the space marked red on the plan attached.

We are seeking a tenant with a back ground in food to run a food led operation who can make use of the charming setting and river views.

Investment

Co-operative Group Food Limited, Beresford Road, Seaton Sluice, Northumberland, NE26 4DP

The property consists of a purpose built, modern, single storey convenience store with 12 shared car parking spaces to the front & side with side loading.

The store extends to 3,243 sq ft (301 sq metres) GIA and is laid out as a modern convenience store with storage to the rear.

The property is let to The Co-operative Group Food Limited for a term of 20 years from 17 April 2014 on full repairing and insuring terms, expiring 16 April 2034 at a rental of £45,500 per annum. The rent increase is based on RPI with a collar of 1% and a cap of 4%.

Offers in excess of £775,000 are invited for the freehold interest of the property. A sale at this level reflects a net initial yield of 6.27% allowing for purchasers costs of 5.40%

Sold
Offices

Unit 3 Abacus House, Meadowfield Industrial Estate, Ponteland, NE20 9SD

Unit 3 is on the first floor and accessed from a self-contained ground floor entrance. The property has 5 cellular offices, kitchen facilities and WCs with showers. The floor is generally carpeted. The walls are in part painted timber panels and in others plastered and painted. The ceiling is painted with strip florescent lighting in the office suites while the common areas have a suspended ceiling with spot lights. There are wall mounted radiators and the windows are uPVC double glazed.

Industrial

Unit 3, Shibdon Business Park, Cowen Road, Blaydon-on-Tyne, NE21 5TX

The subject property is an end-terrace steel portal frame unit with a profile sheet exterior, brick and blockwork walls and a pitched roof. Internally there is a concrete floor, box lighting as well as translucent sky-lights in the roof. A mezzanine floor has been added in the warehouse to provide additional storage. There is a ground floor brick built extension to front of the building providing office and kitchen space along with W/C and shower facilities. Vehicular access is through a full height 3.8m wide electric roller shutter. The minimum eaves height is 4.63m rising to 5.67m at the max. There is staff / customer parking to the front of the property.

Investment Residential and Development

Albion House, St James Street, Newcastle upon Tyne, NE1 4NF

City Centre Student Residential Investment entirely let to Newcastle University until September 2019

Comprising 56 bedrooms, including 8 studio apartments

Located in the heart of Newcastle City Centre very close to both Newcastle and Northumbria Universities

Situated in a vibrant city centre location close to Eldon Square Shopping Centre, China Town and The Gate providing an  excellent mix of bars and restaurants

Rental income of £309,046.70 per annum with a projected income of £349,350 for academic year 2019/2020.

Freehold

Investment Retail

100 Front Street, Chester-le-Street, DH3 2BA

Ground flood is let to William Hill Organization Limited

Recently re-based rent of £37,500 per annum

Four refurbished apartments on upper floors

The upper floors generate a further £28,020 per annum

Total rental income of £65,520 per annum

Prominent position on Front Street, in Chester-le-Street town centre with good transport links

Seeking offers in excess of £700,000 reflecting a NIY of 8.91% assuming purchasers costs of 5.3%

Under Offer
Leisure Retail

66 Saddler Street, Durham, DH1 3PG

The property consists of a three storey brick built building with attractive stone façade and pitched slate roof covering. The property is of traditional construction. The upper floors and basement are currently let to a restaurant trading as ‘La Speghettata’.  The ground floor is accessed to the front of the building via Saddler Street with fire exit to the rear side of the building out onto Saddler Lane, next to Pizza Express. The ground floor was previously occupied by Coral Bookmakers and we believe leisure uses such as restaurants and bars may suit, subject to the relevant planning and landlord consents. The premises comprise open plan retail area with WC and storage to the side. Walls are plastered and painted with suspended ceiling and recessed lighting. Original coving and ornate features can be seen above the suspended ceiling.

Retail

265 Jesmond Road, Jesmond, Newcastle upon Tyne, NE2 1LB

The property comprises a ground floor mid-terraced retail unit.  The units benefits from a large glazed frontage and a wooden floor throughout the front sales area. The ancillary space includes a staff break out/kitchen area and a separate office. Whilst there is also a large storage room currently used as kitchen facility for baked goods. There are separate customer and staff WCs.  Internally the unit has been stripped out of all previous fixtures and fittings to provide a bare shell. The landlord intends to carry out some major improvements to the unit including the replacement of the entire shop front. Some further contributions or incentives may be available to the successful tenant.

Investment Retail

81 Clayton Street, Newcastle upon Tyne, NE1 5PW

The property is situated in the heart of Newcastle city centre, very close to Debenhams & Intu Eldon Square shopping centre, The Grainger Market and the newly constructed Maldron Hotel.

The property is located in a prominent position on Clayton Street, close to the junction with Newgate Street. Clayton Street is an improving location, in close proximity to the southern end of the redeveloped InTu Eldon Square, one of the largest city centre shopping destinations in the UK with an annual footfall of 35 million. 150 meters north of the property is The Gate Complex and other retail and leisure occupiers.

Retail

21 Station Road, Ashington, Northumberland, NE63 9UZ

The property comprises clear ground floor retail space with ancillary first and second floor storage and staff room space.

Retail

11 Holmeside, Sunderland, Tyne & Wear, SR1 3JE

The property is two storey mid terraced unit with a pitched slate roof. The ground floor provides clear retail space, office and stores. On the first floor there is an office, kitchen and w/c facilitates. The unit could be suitable for a variety of uses subject to planning.

Retail

7 Clifford Road, Stanley, DH9 0AD

The wider property comprises four retail units forming part of an L-shaped block dating from around the 1970s. The building is of steel frame construction with brick elevations and flat roof. The property has been sub-divided to provide three ground floor retail units one with first floor stores and one further first floor unit currently used as a gym.  The subject property was formerly occupied by Semichem and similar retail uses would suit. Externally the property has a small rear yard with a concrete surface which is shared by the surrounding occupiers.

Retail

28 Nun Street, Newcastle upon Tyne, Tyne & Wear, NE1 5AQ

The property comprises ground floor retail premises within a mid-terrace building with stone front façade. The property has the benefit of a basement in which there is a kitchen and WC.

Retail

4 Newgate Street, Newcastle upon Tyne, Tyne & Wear, NE1 5RG

The property provides clear ground floor retail space with the benefit of substantial basement storage.  There is a large glazed shop front on to Newgate Street whilst internally there is air conditioning.

Retail

36 Main Street, Crawcrook, Tyne & Wear, NE40 4NB

The property is arranged over ground and one upper floor to provide ground floor sales / food prep areas and staff/storage/office accommodation to the first floor.

Under Offer
Investment

Dental Practice Investment Portfolio – Entirely let to Whitecross Dental Care Limited

Four dental practices entirely let to Whitecross Dental Care Limited

Whitecross Dental Care Limited last reported £218,090,000 turnover and pre-tax profits of £1,400,000

Experian Credit Risk Score: “Very Low Risk”

Total combined rental income of £74,500 per annum

Seeking offers in excess of £975,000 reflecting a net initial yield of 7.24%

Under Offer
Investment

28 Eden Terrace Chilton County Durham DL17 0EJ

The property comprises a mid-terraced brick built property with a pitched slate roof. The first floor provides residential accommodation with 3 bedrooms.

Retail investment currently producing £19,500 per annum.

The property has been arranged as to provide an A5 hot food takeaway on the ground floor t/a as a fish & chip shop named Chilton Chips.

Rental increase to £20,800 per annum from 11 January 2019.

Operating as an A5 hot food takeaway t/a as a fish & chip shop.

Seeking offers in the region of £200,000 for the freehold interest.

Investment

Savers & Salvation Army Investment – 22-24 Station Road, Ashington

Fully let to Salvation Army and Savers

Total rental income of £42,800 per annum

Seeking offers in excess of £425,000 reflecting NIY of 9.65%

Investment

Rosa Twelve, 580 – 580a Durham Road, Low Fell, Gateshead, NE9 6HX

The property comprises an end terrace building with brick elevations under a flat roof and has been trading as an Italian restaurant since 1961. The property currently trades as Rosa Twelve.

Internally the property comprises restaurant seating across basement, ground and first floors offering 150 covers, with kitchen and preparation areas over ground and basement. There is a private function suite at basement level with additional bar area.

  • Location: Gateshead
  • Tenure: Freehold
  • Footage: 330.82 sq ft
  • Price: Offers in excess of £450,000
Investment Retail

222 Westgate Road Newcastle upon Tyne Tyne & Wear NE4 6AP

The property comprises a mid-terraced four storey building. The main walls are of solid brick construction and the roof is pitched with a slate roof covering which has been recently renewed. The property provides a ground floor retail area and on the upper floors is a spacious 6 bedroom flat with reception room, kitchen and 2 bathrooms.

Planning permission was granted for the conversion and the building was extensively refurbished in 2014 (Planning Permission Ref. 2014/0709/01/DET).

Offices

Tri House, Balliol Business Park, Newcastle upon Tyne, NE12 8EW

Tri House is a modern detached single storey office building of brick construction with a hipped span tile covered roof, powder coated metal frame double glazed windows and uPVC rainwater goods.  The accommodation comprises a suite on the left hand side of the main entrance. The accommodation has been partitioned to provide 3 rooms together with two separate WCs (including a disabled facility), a kitchen and a cleaners’ cupboard. Internal finishes are suspended acoustic tile ceiling with recess fluorescent lights and air handling units. There is a raised floor with under floor trunking.

Retail

300 Westgate Road, Newcastle upon Tyne, NE4 6AR

The property provides a prominent ground floor retail unit with return frontage onto Corporation Street. There is substantial basement storage which has direct access to the road via a metal roller shutter and is internally accessed by a goods lift. The upper floors are to be retained and re-configured into residential accommodation by the landlord.

Retail

260-262 Shields Road, Byker, Newcastle upon Tyne, NE6 1DX

The unit is part of a modern, brick building under a pitched, tiled roof. The unit provides clear ground floor retail space with rear storage as well as an open first floor which includes a staff kitchen along with male and female WCs.

Investment

27 Marine Avenue / 1 Park Road, Whitley Bay, NE26 1LX

Mixed Use Investment Opportunity For Sale

Situated in an attractive coastal location in Whitley Bay, close to the newly refurbished Spanish City

The ground floor is let to Boots and Relish Coffee Shop at a combined rent of £17,600 per annum

There is a very large newly refurbished 3 bedroom apartment on the upper floors generating a further £8,100 per annum

Total combined rent of £25,700 per annum

 

 

Sold
Retail

222 Westgate Road, Newcastle upon Tyne, Tyne & Wear, NE4 6AP

The property comprises the ground-floor retail unit of a mid-terraced four storey building. The unit provides clear ground floor sales space as well as storage and a WC.

Under Offer
Investment

Iceland, 90/91 Bedford Street, North Shields, NE29 6QF

High Street Retail Investment For Sale

Situated between Costa Coffee and Co-op Supermarket, the property is ideally located in North Shields town centre in 100% prime pedestrianised section of Bedford Street, opposite the entrance to The Beacon Shopping Centre and 0.1 miles from North Shields Metro Station.

The property is entirely let to Iceland Foods Limited until 12th September 2022 at £66,500 per annum on full repairing and insuring terms. Iceland last reported a total turnover of £2,770,500,000 in March 2017.

Sold
Retail

90a Front Street East, Bedlington, Northumberland, NE22 5AE

The property is of pre-war tradition construction, with brick elevations under a pitched slate roof. The available ground floor retail units (90a) comprises solid carpeted flooring, suspended ceiling with recessed lighting, electric roller-shutter and a kitchen and WC to the rear.

Investment

Picton Manor, Ellison Place, Newcastle Upon Tyne, NE1 8XG

Unique Residential Investment on Northumbria University City Centre Campus.

Situated on the campus of Northumbria University, next to The Wynne Jones Building & The School of The Built Environment.

There are 11 flats comprising a total of 46 bedrooms, 15 shower rooms and 7 bathrooms.  The commercial units on the lower ground floor include letting agency, an office and a coffee shop. There are 9 car parking spaces, 6 of which are fully let on license agreements.

Seeking offers in excess of £5.3m

Sold
Retail

67/69 King Street, South Shields, Tyne & Wear, NE33 1DH

The property comprises a Grade II listed self-contained end terraced four storey building with accommodation arranged as ground floor sales with first, second and third floor storage. The ground floor benefits from a partially glazed prominent return frontage.

Industrial

Drake Court, Riverside Park Estate, Middlesbrough, TS2 1RS

The properties provide terraced, industrial accommodation of steel portal frame construction with block-work and cladding infill walls. The roof has the benefit of translucent roof light panels and extends to a minimum eaves height of 4.5m. All the units have separated pedestrian and vehicular access through a roller shutter. Each unit also has their own dedicated parking and loading.

ACCOMMODATION

The units have the below Gross Internal Areas:

Unit 9:   227.96 sq m (2,454 sq ft)

Unit 10: 280.00 sq m (3,014 sq ft)

Unit 12: 225.81 sq m (2,431 sq ft)

 TERMS

The premises are available by way of a new full repairing and insuring lease at a rent of £4.30 per sq ft, per annum (exclusive). All other terms are to be agreed by negotiation.

 

Industrial

1 Octavian Way, Team Valley Trading Estate, Gateshead, NE11 0HZ

The property provides a modern, detached unit of steel portal frame construction with brick/block work walls up to approximately 2m, above which is insulate profile sheet cladding. The roof is pitched and has the benefit of translucent roof lights.

Internally the building comprises a large warehouse of which there is a concrete floor, hanging box lights, an electric roller shutter and minimum working eaves height of 5.71m.  The offices and ancillary space is located across both the ground and first floor in an internal blockwork building. The offices are of a good specification including carpeted floors, suspended ceilings, dado trunking and air conditioning as well as gas fired radiators.

Retail

18 John Street, Sunderland, SR1 1HT

The property comprises a retail unit fronting onto both John Street and Athenaeum Street.

The unit has the benefit of a return glazed frontage, suspended ceiling, recessed lighting and a laminate floor. Ancillary space includes a staff kitchen/breakout area, rear manager’s offices and basement storage. The property benefits from a rear car parking space whilst additional parking may be available by way of a separate licence.

Investment

The Running Fox, Felton, Northumberland

Tenants include The Running Fox & The Foxes Den
Combined passing rent of £21,600 per annum.
We are seeking offers in excess of £325,000 reflecting a net initial yield of 6.42%.
Sold
Industrial Investment

Industrial Investment – 8A & 8B Mickleton Road, Middlesbrough

Unit A let to Restore PLC at £40,000 pa until 2023

Restore PLC reported total turnover in excess of £176m

Total floor area of approximately 21,062 sq ft

Opportunity to add value by letting Unit B (ERV £32,000 pa)

Offers in excess of £730,000 reflecting a low capital value of
only £34.66 psf

 

Sold
Offices

Unit 5 Staithes, The Watermark, Gateshead, NE11 9SN

An impressive two storey detached modern office building of brick construction with a pitched and hip tiled roof. The property incorporates a double height glazed corner reception area and has the benefit of powder coated metal windows and doors. Internal features includes carpeted raised access floors, suspended ceilings with recessed lighting and an 8 person passenger lift. Heating is provided by way of gas fired panelled radiators.  The property comes with 12 allocated parking spaces.

Under Offer
  • Location: Gateshead
  • Tenure: Freehold
  • Footage: 3,494 sq ft
  • Price: Asking Rent: £48,000 pa or OIEO of £450,000
Retail

237-239 Chillingham Road, Heaton, Newcastle upon Tyne, NE6 5LJ

The property comprises a ground floor mid-terraced retail unit.  The units benefits from a large glazed frontage and a wooden floor throughout the front sales area. The ancillary space includes a staff break out/kitchen area and a separate office. Whilst there is also a large storage room currently used as kitchen facility for baked goods. There are separate customer and staff WCs.

Offices

The Bruce Building, 115 Percy Street, Newcastle upon Tyne, NE1 7RY

The building provides unique and attractive office space over ground and first floors within a prestigious Grade II Listed building. The current space available is in the former board room comprising solid hard wood floors, wooden panelling and ornate coving, architrave and stained glass windows.

Specification within the rent includes – Key fob, intercom & electronic door entry system, Electricity, gas & central heating, water & drainage. Repairs & maintenance, cleaning, shared kitchen & toilet facilities. Buildings insurance. Floor mounted trunking with data cabling and power points. PIR motion sensor lighting. On-site facilities management.

Excludes wi-fi, telephone & business rates

Residential and Development Retail

90 Front Street East, Bedlington, Northumberland, NE22 5AE

The property comprises two ground floor retail units, with a very well presented 3-bedroom flat on the upper floors and off-street car parking to the side of the building.

The property is of pre-war tradition construction, with brick elevations under a pitched slate roof. Ground floor 90a comprises solid carpeted flooring, suspended ceiling with recessed lighting, electric rollershutter with kitchen and WC to the rear.

Ground floor 90b is currently occupied by a dog grooming company at £7,000 per annum. The flat is accessed to the side of the building and comprises a well-presented and good sized 3-bedroom flat, with kitchen, lounge, bathroom and 3 bedrooms with full wet heating system, modern boiler and thickened, single glazed sliding sash windows.

Residential and Development

Prospect House, Hexham Road, Throckley, Newcastle, NE15 9EA

The premises are located within Prospect House; a two storey property of stone construction under a pitched slate roof. Planning has recently been granted for two ground floor retail units, one of which has A5 hot food takeaway consent in addition to living accommodation to the rear and on the upper floors. One 3-bedroom dwelling at first floor, one 2-bedroom dwelling at second floor in addition to three 2-bedroom dwelling and two 4-bedroom dwellings to the rear.

Retail

16-17 Front Street, Prudhoe, Northumberland, NE42 5HN

The property comprises the ground floor of No.16 and the No.17 where there has been a large knock-through on the ground floor level between the original units to provide a greater ground floor trading area.

There a rear stores and kitchen facilities.

There are shared WC facilities on the first floor.

Nearby Occupiers include Greggs, Ladbrokes and Lloyds Bank

Asking Rent: £17,500 per annum

Offices

1st and 2nd Floor, 25 Main Street, Ponteland, Newcastle upon Tyne, NE20 9NH

The property comprises first and second floor office suite with shared ground floor access in a prominent Grade II Listing building. The suites have the benefit of carpeted floor, strip florescent lighting and WC.

Leisure Offices Retail

31, 33B & 33C Blandford Square, Newcastle upon Tyne, NE1 4HZ

Excellent City Centre Location overlooking St James Boulevard

Only 3 units remaining ranging in size between 215 sq ft and 495 sq ft (1,200 sq ft in total)

Suitable for retail, leisure and office occupiers (subject to planning)

Rents ranging from £10,000 per annum to £30,000 pa for all three units.

  • Location: Newcastle-upon-Tyne
  • Tenure: Leasehold
  • Footage: 20 sq m - 111 sq m / 215 sq ft - 1,200 sq ft
  • Price: From £10,000 pa to £30,000 per annum
Offices

Charlotte Square, Newcastle Upon Tyne NE1 4XF

Refurbished offices available to let ranging in size from 500 sq ft to 7,200 sq ft

Excellent location in Newcastle city centre in Grainger Town on the edge of China Town.

Situated within an attractive Grade II Listed Building.

Rents available from £7.50 per sq ft.

  • Location: Newcastle-upon-Tyne
  • Tenure: Leasehold
  • Footage: From 136.2 sq m to 524.9 sq m / From 1,465 sq ft to 5,649 sq ft
  • Price: £7.50 per sq ft
Investment

305 Whitley Road, Whitley Bay, Tyne and Wear, NE26 2HU

Entirely let to five tenants, producing a combined income of £89,000 per annum with potential to increase the rent to £92,000 per annum. The property has been under local family ownership for a number of years and is well maintained

Very prominent town centre location on corner of Whitley Road

Close to Park View Shopping Centre and national retailers including Sainsbury’s, Iceland, Greggs, Virgin Money and William Hill, among others

The ground floor has been sub-divided to provide four retail units and there may be an angle to add future value.

Sold
Offices

Unit 5 Bearl Farm Stocksfield Northumberland NE43 7AJ

Two Storey Office Suite

The office has a kitchenette, WC facilities and is heated via a “district” biomass woodchip under floor heating system.

Popular Rural Office Development. Situated only 500m from the A69. There is a good provision of on-site parking available

There is an additional service charge payable estimated at £2,855 per annum + VAT and Heat Charge £1,300 + VAT per annum.

For further information please visit the Allendale Estates Website: https://www.allendale-estates.co.uk/business-parks/

Investment

6 Nile Street, North Shields, Tyne & Wear, NE29 0BD

Nearby occupiers include Lloyds Bank, Ramsdens, Ladbrokes and Heron Frozen Foods.

6 Nile Street is let to Mr Yalcin t/a a taxi office at a rent of £9,000 per annum for a term of 10 years expiring 10th November 2027.

In close proximity to North Shields Metro Station, the town centre and The Beacon Shopping Centre.

Sold
Offices

Unit 3 South Acomb Farm Stocksfield Northumberland NE43 7AQ

Grade II Office Accommodation

The office can be let as a single unit or alternatively on a room by room basis – with the kitchen and WC facilities being shared.

Good Onsite parking

Asking rent of £10.50 per sq ft + VAT (inclusive of service charge).

For further information please visit the Allendale Estates Website: https://www.allendale-estates.co.uk/business-parks/

  • Location: Northumberland
  • Tenure: Leasehold
  • Footage: Suites from 13.37 sq m / 144 sq ft to 201.4 sq m / 2,168 sq ft
  • Price: £10.50 per sq ft
Investment

56 High Street Spennymoor County Durham DL16 6DD

The property comprises a mid-terraced building of pre-war construction with external brick walls and a pitched slate roof which has been arranged to provide a restaurant on the ground floor

The property is entirely let to Talviender Singh Dundhal on a 15 year lease from 2 October 2013 therefore expiring on 1 October 2028. The rent is reviewed every 3 years and is linked to the Retail Price Index subject to a minimum uplift of 5%. The passing rent is £16,380 per annum and the minimum uplift in 2020 will be to £17,199 per annum, £18,059 per annum from 2023 and £18,961 per annum from 2026

The restaurant trades as Pedros Peri Grill

 

Offices Residential and Development

21 Ellison Place, Newcastle upon Tyne, NE1 8XG

End terrace Georgian property of traditional construction with brick external walls under a pitched slate roof

To be sold with vacant possession providing an excellent opportunity to redevelop

Total floor area of approximately 6,660 sq ft

Seeking offers in excess of £880,000 reflecting a capital value of approximately £133 psf

Sold
Retail

17 Fawcett Street, Sunderland, SR1 1RH

Ground floor city centre retail unit

Prominent location close to many local and national operators

Ground floor sales: 82.77 sq m / 891 sq ft

Asking rent of £13,000 per annum (exclusive)

  • Location: Wearside
  • Tenure: Leasehold
  • Footage: 82.77 sqm / 891 sq ft
  • Price: £13,000 per annum
Offices Retail

1 Victoria Road East, Hebburn, NE31 1XG

The property is situated on a prominent corner position.

The property comprises the whole of 1 Victoria Road East.

Very close to Hebburn town centre within a well-established residential area.

£175,000 / £15,750 per annum

Total ground floor area of approximately 1,063 sq ft with a further 830 sq ft on the first floor.

Nearby occupiers include Andrew Craig estate agent, Dhillons fish and chip shop, Subway, Savers and Asda supermarket

Offices

1st & 2nd Floor, 79 High Street, Gosforth, Newcastle upon Tyne, NE3 4AA

The property provides self-contained, first and second floor office accommodation accessed from its own entrance on Gosforth High Street.

The property has retained a number of original period features but also benefits from new uPVC double glazed windows and a gas central heating system.

The property includes a small kitchen and WC facilities.

Prominent High Street Location

Retail

12 Fewster Square, Gateshead, Tyne & Wear, NE10 8XQ

The property provides clear ground floor retail space at a shell specification. There is provision for rear storage and an internal WC. Externally there is a large rear garage suitable for vehicle or goods storage.

Popular retail parade location

Nearby occupiers include Greggs, Ladbrokes and Co-op Food

Offices

First Floor Unit 1 Derwent Court Earlsway Team Valley Gateshead NE11 0TF – Under Offer

Good access to A1.

Generous on-site parking allocation

Air conditioned & IT cabling insitu.

Good natural light.

Fully self-contained with WC, staff & storage accommodation.

Ready for immediate occupation.

Under Offer
  • Location: Gateshead
  • Tenure: Leasehold
  • Footage: 156.63 sq m / 1,686 sq ft
  • Price: £9,500 per annum
Leisure Retail

20 Pilgrim Street Newcastle upon Tyne Tyne & Wear NE1 6QG

The property is arranged over 5 floors.

The accommodation has recently been refurbished, and would be suitable for service users who could utilise the large first floor accommodation.

Prominent, Refurbished City Centre Retail Unit.

Nearby occupiers include The Tyneside Cinema, Vicolo Bar and McColls.

Situated opposite the proposed ‘Stack’ shipping container box park

Retail

Ground Floor Shop Plummer House 11 Market Street Newcastle upon Tyne NE1 6NF

The property will be let as a retail shell with benefit from a large glazed shop front onto Market Street with mains services including gas, electricity, water and drainage. Plummer House is on the corner of Croft Street and Market Street in the centre of Newcastle upon Tyne close to Carliol Square and with good vehicular access to A167 and the Tyne Bridge.

The property is situated to the east of the city centre close to the Laing Art Gallery where there is a high concentration of offices in the immediate vicinity such as Higham House, Hadrian House, Bamburgh Court.

Offices

Azure Business Centre High Street Newburn Newcastle upon Tyne NE15 8LN

The business centre comprises 75 office units over 2 floors offering ideal space for both start up and small businesses. There is a shared reception at the entrance of the building where staff monitors a central switchboard for all units. There are shared toilet and kitchen facilities throughout. Part of the centre is fully accessible to wheelchair users.

24/7 Access, fully alarmed. On-site parking.

Superfast broadband connection.

Monthly Charge includes rent, rates and bills.

Offices

572A Durham Road Low Fell Gateshead NE9 6HX

The property consists of a self-contained, first floor office with its own entrance set back from Durham Road by a large paved area.

The suite is undergoing re-decoration and has the benefit of a WC.

On-street parking is available to the front of the property.

Refurbished first floor office

Popular High Street location

Under Offer
  • Location: Gateshead
  • Tenure: Leasehold
  • Footage: 82.96 sqm / 893 sq ft
  • Price: £6,000 per annum
Offices Retail

197-199 Prince Edward Road South Shields Tyne & Wear NE34 8PL

The property provides ground floor retail space with rear yard.

The first floor has a self-contained entrance onto Prince Edward Road. It is currently used as storage but could be converted to a 1 bedroom flat.

Ground floor retail unit with selfcontained storage / flat above.

Popular retail parade with a number of national local operators.

Leisure Retail

24b Hill Street Corbridge Northumberland NE45 5AA

The property provides clear ground floor retail space from an entrance shared with the adjacent retail unit occupied by Nicky Jones Furniture & Interiors.

Ground floor retail unit in a period property

Popular and affluent village location

Clear retail area of 26.87 sq m (289 sq ft)

Asking rent £6,000 per annum (exclusive)

Under Offer
Investment

Betfred 50 Front Street Stanley County Durham

Let to Done Brothers (Cash Betting) Limited (t/a Betfred) on a 15 year lease from 7th August 2013

Well based passing rent of £12,000 per annum

Betfred have a turnover of £320,000,000 and profits in excess of £20,000,000

Offers over £160,000 reflecting a net initial yield of 7.36%.

Sold
Offices Residential and Development

9-11 & 13 St James Street, Newcastle upon Tyne, NE1 4NF

Excellent development potential

Period office building extending to approx 6,100 sq ft over 4 four floors

Located within Newcastle city centre close within close proximity to Newcastle University and Eldon Square Shopping Centre

Seeking offers in excess of £685,000 reflecting a capital value of approximately £112 psf

Sold
Retail

12 Front Street Sacriston County Durham DH7 6LE

High Street retail unit

Front retail area of 51.3 sq m (552 sq ft and rear storage area of 35 sq m (370 sq ft).

Newly constructed ground floor retail unit within fully refurbished building.

A5 Hot Food Takeaway Consent (excluding Pizza, Fish & Chips)

Retail

8 Elliott Street, Blyth, Northumberland, NE24 4NR

A ground floor lock up shop unit suitable for use for the preparation and sale of hot takeaway food.

Well located in a heavily populated residential area.

Last used as a fish and chip shop.

Benefit of A5 (Hot Food Takeaway) Planning Consent.

Investment Residential and Development

Residential Investment, 5-8 St James Street, Newcastle, NE1 4NF

The Property comprises four fully refurbished Grade II Listed Georgian terrace properties. The Property has been sensitively refurbished to comply with Listed Building Consent and provides twelve self-contained apartments with 43 bedrooms.

The property is located a short walk from the new Science Central development as well as Newcastle University’s state of the art Business School on Barrack Road. The property is also very close to the RVI Hospital, Eldon Square Shopping Centre, China Town and The Gate.

We are instructed to seek offers in excess of £4,000,000 for our client’s freehold interest, subject to contract and exclusive of VAT.

Sold
Offices Retail

1 Victoria Road East, Hebburn, NE31 1XG

The property is situated on a prominent corner position on  Victoria Road East.

Very close to Hebburn town centre within a well-established residential area.

Total ground floor area of approximately 1,063 sq ft with a further 830 sq ft on the first floor.

Nearby occupiers include Andrew Craig estate agent, Dhillons fish and chip shop, Subway, Savers and Asda supermarket

Offices

Vermont House Concord Washington NE37 2SQ

A self-contained office building comprising a range of individual single storey offices with a two storey feature entrance around a communal landscaped courtyard.

All office suites benefit from carpeted concrete floors, plaster and paint wall finishes, fluorescent strip lighting and central heating by way of wall mounted radiators. There is a secure entry phone system attached to all suites.

Communal toilet and kitchen facilities are situated within the lobby areas. On site car parking is immediately adjacent to the building

  • Location: Gateshead
  • Tenure: Freehold
  • Footage: 124.7 sq m / 1,343 sq ft
  • Price: £10.00 per sq ft
Investment

8 Woodhorn Road, Ashington, Northumberland, NE63 9UX

Entirely Let to Undoubted Covenant with £433m Turnover. The property comprises a two storey terraced building which is currently occupied as Specsavers and fit out an opticians

The entire property is let to Specsavers Optical Superstores Limited at £18,000 per annum on an unbroken 10 year lease on FRI terms with effect from 25th December 2012, therefore ending on 24th December 2022. The lease benefits from 5 yearly upwards only rent review pattern

We are instructed to seek offers in excess of £195,000 reflecting a net initial yield of approximately 9.02% assuming purchasers costs of 2.26%

Sold
Investment

30-32 Newgate Street, Morpeth, NE61 1BA

Extensively refurbished in 2008/2009 both internally and externally and arranged to provide seven retail and office premises plus secure parking for up to 4 cars within a gated rear yard

The property is prominently position on Newgate Street, close to Morpeth Town Centre, The Sanderson Arcade and Market Place

Other nearby occupiers on Newgate Street include Age UK, Lloyds Bank, Barnados, Subway and Boots, among other national and regional occupiers. Total rent of £61,650 per annum.

Seeking offers in excess of £650,000 reflecting a net initial yield of 9.02%

Sold
Offices Residential and Development

Scottish Provident House, Mosley Street, Newcastle upon Tyne, NE1 1YF

Substantial Grade II Listed building over part basement, part ground, first, second, third and fourth floors occupying approximately 16,367 sq ft

Scottish Provident House is prominently situated on the corner of Mosley Street and Cloth Market in Newcastle City Centre

The property would be suitable for a scheme of refurbishment works or conversion to residential, subject to the relevant planning and listed building consent

We are instructed to seek offers in excess of £900,000 (exclusive of VAT). A purchase at this level would reflect a low capital value of approximately £54.99 psf.

Sold
Industrial Offices Retail

Units 1 & 2, 16-18 North Bridge Street Sunderland, SR5 1AB

The premises comprise two independently accessed units

Unit 1 was formerly occupied by Enterprise Rent a Car consisting of retail/office space fronting North Bridge Street with a garage/workshop immediately to the rear with additional roller shutter entrance accessed from Barclay Street. The workshop can be made available separately or can be included with the front retail/office space as necessary.

Unit 2 comprises ground floor reception and a series of cellular offices with main road frontage from North Bridge Street. The premises comprise well-presented office space over ground and first floor with suspended ceiling, recessed lighting and partitioned office cubicles. The office fit out can be retained or stripped out as necessary depending on the intended use of the unit.

  • Location: Wearside
  • Tenure: Leasehold
  • Footage: Unit 1 - 379 sq m / 4,084 sq ft Unit 2 - 250 sq m / 2,687 sq ft
  • Price: Unit 1 - £19,950 per annum / Unit 2 - £15,000 per annum
Offices

1st Floor Office Suite Grangemoor Road Widdrington Station Morpeth

The 1st floor provides self-contained office accommodation within a period/listed building.

The ground floor lobby is shared with the occupier of The Dance Studio. Access to the lobby and to the first floor is off Grangemoor Road immediately to the left of the Co-op convenience store.

Flexible easy in easy out terms

1st floor office accommodation within a period/listed building. Low rateable value of £2,520

Investment

Old Brewery Court, Sandyford, Newcastle upon Tyne, NE2 1XG

Multi let office investment occupied by four tenants

With significant potential for residential development with parking for 17 cars.

The total passing rent of £36,315 per annum which increases to £36,815 per annum in June 2017.

WAULT to lease end is 7.84 years (2.33 years to breaks).

Seeking offers in excess of £450,000 reflecting a capital value of £76 psf

Sold
Investment

Community Shopping Centre Investment, Widdrington Station, Northumberland, NE61 5BJ

Mixed use investment in an expanding Northumberland location

Comprising 10 retail units, a dance studio, 2 garages and 4 flats

Income of £62,610 per annum with 23% secured by The Co-operative Food Group

Seeking offers in excess of £500,000 reflecting a net initial yield of 11.96%

Sold
Investment

Endurance House, Team Valley Trading Estate, Gateshead, NE11 0EF

The property comprises a two-storey office building fully let to 3 tenants producing a total combined rent of £37,150 pa

Team Valley is recognised as one of Tyneside’s most strategic office locations on one of the country’s largest business parks and is home to over 700 businesses employing over 20,000 people

There may be add-value opportunities at lease renewal as well as an opportunity to create further office accommodation on the first floor, subject to planning. Scale drawn plans and 3D imagery of a proposed extension are available on request.

We are instructed to seek offers in excess of £500,000 for our client’s long-leasehold interest, subject to contract and exclusive of VAT.

Sold
Investment

The Swaddle Pharmacy Portfolio Investment

Family owned pharmacy portfolio comprising 8 properties for sale with opportunities to add value

54.06% of the total income secured to Lloyds Pharmacy Limited t/a Lloyds Pharmacy and National Co-operative Chemists Limited

Total combined passing rent of £125,010 per annum, with potential to increase to approx. £134,060 per annum once Eastbourne Gardens is fully let

Seeking offers in excess of £1,200,000 reflecting a net initial yield of approximately 9.83%

Sold
Investment

B&M Retail Warehouse Investment, Delves Lane, Consett, County Durham, DH8 7ES

Stand-alone retail warehouse and large car park with approx 190 spaces

FRI lease to B&M Retail Ltd at a rent of £288,000 pa (£7.09 per sq ft)

Unbroken 15 year lease with 5 yearly upwards only rent reviews linked to RPI, capped and collared between 4% and 1%

Seeking offers in excess of £4,000,000 reflecting a net initial yield of 6.76%

Sold
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