Properties
Tenure
Location
69 Victoria Terrace, Whitley Bay, Tyne & Wear, NE26 2QN
The space available comprises ground floor retail accommodation previously occupied as a dessert / cake shop however alternative uses may be suitable subject to the landlord and planning consent. The front retail area incorporates spotlighting, fitted counters and seating, part tiled walls and a solid floor. The rear kitchen area incorporates fluorescent strip lighting, a sold tiled floor and a small sink. Further to the rear is a dairy fridge and small shared yard to the rear of the building.
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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.
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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
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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.
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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.
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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.
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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
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111-113 Park View, Whitley Bay, NE26 3RH
Retail unit with development potential
Popular retail location
Ground floor may be available separately
Size: 152 sq m (1,636 sq ft)
Leasehold: £13,500 pa
Freehold: offers in excess of £150,000
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111-113 Park View, Whitley Bay, NE26 3RH
Retail unit with development potential
Popular retail location
Ground floor may be available separately
Size: 152 sq m (1,636 sq ft)
Leasehold: £13,500 pa
Freehold: offers in excess of £150,000
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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.
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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.
- Location: Newcastle-upon-Tyne
- Tenure: Freehold
- Footage: 7,360 sq ft
- Price: Asking Rent £30,000 / Asking Price Offers over £300,000
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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.
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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.
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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.
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The Running Fox, Felton, Northumberland
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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%
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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
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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.
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39/39a Percy Park Road, Tynemouth, NE30 4LR
The property is a semi-detached, brick built premises providing retail accommodation on the ground floor and a self-contained 2 bedroom first floor flat known as 39A, accessed from a separate ground floor entrance to the side of the building.
The ground floor is currently laid to provide a large reception area and a number of remembrance rooms and was previously occupied by Co-op Funeralcare. The unit has the benefit of an off-shoot kitchen as well as WC facilities. There is rear yard as well as a small forecourt with room for two vehicles.
The first floor provides one large double bedroom, a single bedroom, lounge/diner, kitchen and utility room.
- Location: Newcastle-upon-Tyne
- Tenure: Freehold
- Footage: 1,570 sq ft
- Price: Offers in excess of £450,000
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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.
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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
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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.
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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).
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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.
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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
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2nd Floor, 25 Main Street, Ponteland, Newcastle upon Tyne, NE20 9NH
The property comprises a second floor office suite with shared ground floor access
In a prominent Grade II Listing building.
The suite has the benefit of carpeted floor, strip florescent lighting and has its own WC.
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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
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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
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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.
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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/
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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.
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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.
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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
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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
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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 £15,000 per annum (exclusive)
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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
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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
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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
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Unit 2, Keel Row The Watermark Gateshead NE11 9SZ
An impressive two storey mid terraced modern office building of brick and part timber clad walls with powder coated metal windows and doors.
The property has the benefit of an intercom door entry system, perimeter trunking and gas fired central heating via radiators.
Excellent road links.
High specification accommodation.
On site parking.
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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.
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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
- Location: Newcastle-upon-Tyne
- Tenure: Leasehold
- Footage: 271.71 sq m / 2,774 sq ft
- Price: £35,000 per annum
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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.
- Location: Newcastle-upon-Tyne
- Tenure: Leasehold
- Footage: 98.6 sq m / 1,055 sq ft
- Price: £25,000 per annum
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2nd Floor, Cragside House Heaton Road Newcastle upon Tyne NE6 1SE
The property comprises a purpose built office building.
The second floor provides a combination of open plan and individual offices/meeting rooms.
There is a kitchen/staff area and the suite is partially air conditioned.
There is a lift in the common areas and there are 4 No parking spaces allocated to the rear of the building.
Disabled WC.
- Location: Newcastle-upon-Tyne
- Tenure: Leasehold
- Footage: 422.8 sq m / 4,551 sq ft
- Price: £29,000 per annum
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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.
- Location: Newcastle-upon-Tyne
- Tenure: Freehold
- Footage: 12 sqm to 28 sqm / 130 sq ft to 300 sq ft
- Price: £140.00 plus VAT per month
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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
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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.
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72-74 Bedford Street North Shields Tyne & Wear NE29 6QF
Ground floor shop with two ancillary rooms to first floor. Fully fitted and ready for immediate occupation.
Ground Retail location within a prominent shopping area of North Shields. Close proximity to North Shields Metro Station
Recently refurbished including floor coverings, ceilings with spot lighting.
Ready for immediate occupation.
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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)
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20A Watling Street Corbridge Northumberland NE45 5AH
Two storey, self-contained ground floor retail unit constructed during the mid 1800’s of solid stonework with pitched span slate covered roof.
To the ground floor there is an attractive self-contained shop. There is also a garden to the rear.
Affluent Village Location
Net Internal Area: 53.97 sq m (581 sq ft)
Asking rent £8,000 per annum (exclusive)
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15 Station Road Ashington Northumberland NE63 9UZ
The property comprises clear ground floor retail space with ancillary first floor storage and staff room space.
Prime retail location in busy market town
Nearby occupiers include Boots, Greggs and Halifax
136.85 sq m (1,473 sq ft) of clear sales to ground floor
Asking Rent £19,500 per annum (exclusive)
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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%.
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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
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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)
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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.
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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.
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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
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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
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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%
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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%
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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.
- Location: Newcastle-upon-Tyne
- Tenure: Freehold
- Footage: 1520 sq m / 16,367 sq ft
- Price: Seeking offers in excess of £900,000
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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.
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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
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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
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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%
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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.
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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%
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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%