Properties

Tenure

Location

Industrial

UNIT 5 (R2) ELVINGTON INDUSTRIAL ESTATE, YORK, YO41 4AR

The property comprises a portal framed industrial unit primarily clad with insulated  metal decking.

The unit has an integrally built 2 storey block with office accommodation on the first  floor. Otherwise the unit is open planed.

Retail

43A STATION ROAD NORTH, FOREST HALL, NEWCASTLE UPON TYNE, NE12 7AR

The premises offer first-floor commercial space, with direct access from Lansdowne Road and fronting onto Station Road North.

Previously used as a hair and beauty salon, the space comprises a large open-plan reception area with six stations and a backwash area, three separate treatment rooms, internal wc’s, kitchen as well as storage facilities.

The unit currently operates under Class E use, making it suitable for a variety of end users.

Offices

SUITE 12 CONCORD HOUSE, SPECULATION PLACE WASHINGTON, TYNE & WEAR, NE37 2AS

The property which is suitable for a variety of uses including offices, clinic, and training room comprises an open plan area with very good natural light.  There is a small kitchen area with a sink off.

The ceiling and walls are plastered and decorated with LED strip lights.  Vinyl safety floor.  Central heating from radiators.

The entrance is from the courtyard to a ground floor lobby shared with Medivet with male and female WC’s off.

 

  • Location: South-Tyneside
  • Tenure: Leasehold
  • Footage: 607 sq ft
  • Price: £6,000 per annum / £500 plus VAT per month heating charge
Offices Retail

SUITE 2 VERMONT HOUSE, CONCORD WASHINGTON, TYNE & WEAR, NE37 2SQ

A self-contained ground floor office suite situated at the front of the building overlooking the carpark. Access from the courtyard to the rear..

The suite is self contained with WC to the rear.

The accommodation is currently laid out to provide an open plan office area incorporating a tea point area, meeting room and internal office.

The ceiling and wall are plastered and decorated.  LED lighting. Carpeting to floor.

On site car parking is immediately adjacent to the building.

Retail

23 MAIN STREET PONTELAND, NEWCASTLE UPON TYNE, NE20 9NH

The property comprises a rarely available ground floor retail unit in the centre of Ponteland. Accessed from Main Street, the property benefits from a large glazed frontage with an internal roller-shutter over the entrance.

Internally, the unit comprises a roughly L-shaped retail unit that could be suitable for a variety of uses. Previously used as bookmakers, the building currently has a Sui Generis use class but has permitted development for any commercial use under Use Class E.

 

Industrial

HOWLISH WORKS, HOWLISH LANE, HOWLISH, BISHOP AUCKLAND, DL14 8ED

The property comprises a detached steel-framed industrial workshop with brick elevations and aluminium cladding at the upper levels. It features uPVC double-glazed windows and a pitched aluminium roof with skylights. The windows and doors are fitted with electronically operated roller shutters for enhanced security.

Internally, the property includes two partitioned offices, a kitchen, three WCs, and an open-plan workshop on the ground floor. The offices have laminate flooring, plastered and painted walls, a suspended ceiling, and recessed lighting. The kitchen has vinyl flooring and fitted units, while the workshop features concrete flooring and box lighting. The warehouse has a minimum eaves height of approximately 5.1m, rising to a maximum of 6.3m.

The first floor, which extends over a small portion of the ground floor, consists of three partitioned offices, a store cupboard, and a WC. The offices on this level have laminate flooring, plastered and painted walls, and strip lighting.

Externally, the site offers surfaced car parking at the front for approximately 12 vehicles, as well as a rear yard within a secure, fenced enclosure. The site has its own articulated access road and turning point.

 

Under Offer
Retail

136/138 NORTHUMBERLAND STREET NEWCASTLE UPON TYNE, NE1 7DQ

The property comprises a prominent corner building property with return frontage on to Ridley Place. The property benefits from accommodation across three floors as well as a basement. The property could be suitable for a variety of uses subject to the correct permissions.

Leisure Retail

9 KING STREET, BARNARD CASTLE, DL12 8EP

The property is situated on King Street in Barnard Castle, ideally positioned in the heart of the town centre. This former café/restaurant offers direct access to the neighbouring supermarket car park, enhancing visibility and customer traffic. Nearby occupiers include Maxwells DIY, Morrisons Supermarket, and Yorkshire Trading Co., among others.

The unit occupies an attractive and imposing stone building arranged over two floors, featuring a self-contained ground floor entrance. Internally, the property comprises a large dining area, kitchen, storage rooms, office, and WC on the ground floor. The first floor includes another spacious dining room, along with both male and female WCs.

Development Land

STRATEGIC RESIDENTIAL DEVELOPMENT OPPORTUNITY – LAND AT WINGATE, COUNTY DURHAM, TS28 5AA

Site extending to 50.70 acres / 20.52 hectares

Located to the South of Wingate

Residential strategic development opportunity

PROPOSALS INVITED BY Noon Thursday 23rd January

  • Location: County-Durham
  • Tenure: Freehold
  • Footage: 50.70 acres
  • Price: Offers invited by way of option, promotion or conditional contract
Industrial

NORTHUMBRIAN ROADS, 5 DUKESWAY, LOW PRUDHOE INDUSTRIAL ESTATE, PRUDHOE, NE42 6PQ

The property comprises a detached steel framed industrial unit with brick an block infill. The roof is of profile sheet cladding whilst the windows are UPVC double glazed.

Internally the property is separated into two distinct sections with offices to the front along with staff welfare and kitchen facilities. To the rear of the unit is the workshop which benefits from a  concrete floor and vehicle inspection pit.  There is also s small mezzanine floor used as storage. Rear door electric roller shutter access leads on to the yard space which is of tarmac construction.

 

Under Offer
Development

FORMER MOORSIDE COUNTY FIRST SCHOOL, WOODHORN ROAD, NEWBIGGIN-BY-THE-SEA, NE64 6HN

GFW are pleased to present this residential development opportunity located in Newbiggin-by-the-Sea, Northumberland.

The Site extends to 5.8 Acres / 2.35 Hectares and was formerly home to the Moorside County First School which was closed in 2011 and subsequently demolished in 2013. GFW are instructed to seek offers sought by way of informal tender by no later than 17:00 on Thursday 14th November 2024

  • Location: Northumberland
  • Tenure: Freehold
  • Footage: 5.8 Acres / 2.35 Hectares
  • Price: Tenders by 17:00 on Thursday 14th November 2024
Retail

265 JESMOND ROAD, JESMOND, NEWCASTLE UPON TYNE, NE2 1LB

The property comprises the ground floor retail unit of a three storey, mid terraced property of traditional brick construction with a pitched tiled roof. The property has a traditional single glazed shop front. Internally the property provides a cleared retailing space with a rear staff kitchen and WC. Externally to the rear there is a small yard and external storage shed. The property has been decorated to a high standard internally with new laminate floors, plastered and painted walls and ceilings as well as spot lights.

Under Offer
Retail

19 FENKLE STREET, ALNWICK, NORTHUMBERLAND, NE66 1HW

A mid-terraced, three-story building of stone block construction with a pitched slate roof. The property benefits from short-stay parking immediately in front.

Retail

19 FENKLE STREET, ALNWICK, NORTHUMBERLAND, NE66 1HW

A mid-terraced, three-story building of stone block construction with a pitched slate roof. The property benefits from short-stay parking immediately in front.

 

Development Land

Development Plot – Front Street, Longframlington, Northumerland, NE65 8DT

Development opportunity located at Longframlington, Northumberland with planning permission for a single residential dwelling

Investment

8 HIDE HILL, BERWICK UPON TWEED, TD15 1AB

The property is situated on Hide Hill which runs north to south located centrally in Berwick and comprises the prima-ry retailing thoroughfare. It is situated towards the eastern end of Marygate on the east side of the street, nearby to the junction with Woolsmarket.

The property compromises a mid terrace ground floor retail accommodation. The property is currently tenanted by longstanding tenant Timpsons with an unexpired term of approximately 5 years.

Under Offer
Industrial Land

LAND AT INVISTA SITE, WILTON, MIDDLESBROUGH, TS10 4RS

Commercial / industrial development opportunity located on the Invista Site at Wilton , Teesside. The site extends to 19-hectare / 47 acres and is currently allocated for employment and as such could be suitable for a variety of uses subject to relevant permissions.

We are inviting offers by no later than NOON on Wednesday 23rd October 2024

Investment

26 Sandhill, 1-3 The Side, 5-13 Rear of Side, Newcastle upon Tyne, NE1 3JE

Unique mixed use freehold opportunity in Newcastle city centre

• Located close to Newcastle Quayside

• Four commercial leases

• 1 bed room holiday cottage

• Currently producing £54,720 per annum plus holiday rental income

Under Offer
Retail

43 BONDGATE WITHIN, ALNWICK NORTHUMBERLAND, NE66 1SX

The subject property provides ground floor accommodation used as a shop. The property has the benefit of a sales area with WC, staff area and basement storage.

 

Retail

15-16 ARNDALE HOUSE, VICTORIA ROAD CONCORD, WASHINGTON, NE37 2SW

The property comprises a single storey end-terraced former bookmakers premises. Internally the property provides cleared ground, open plan, retail space. To the rear of the ground floor there is a disabled WC as well staff welfare and breakout facilities.

Leisure Offices Retail

GROUND FLOOR, CRAGSIDE HOUSE, HEATON ROAD, NEWCASTLE UPON TYNE, NE6 1SE

The property comprises a purpose built office building. The ground floor provides a combination of open plan and individual offices/meeting rooms which are partially air conditioned and built out. There is also a kitchen/staff area and the property provides 10 car parking spaces.

This property could be used as a multitude of different uses such as a gym, nursery and retail.

Retail

21/21A JACKSON STREET, GATESHEAD, NE8 1EE

21A Jackson Street is well situated on the southern side of Jackson Street close to occupiers such as Salvation Army, St Oswalds Hospice Shop, CGX Gateshead, Pure Gym, Savers, Halifax and Modern Man Barbers Shop.

The subject property occupies a prominent position on Jackson Street, providing the ground floor as retail and the first floor as stor-age space. The property is of traditional brick construction with a traditional glazed shop front. Internally, the accommodation pro-vides a front retail section with storage and WC to the rear. The property could be suitable for a variety of different uses, subject to the necessary permissions.

Retail

62 DOVEDALE GARDENS, HIGH HEATON NEWCASTLE UPON TYNE, NE7 7QQ

The property comprises a ground floor single storey mid-terraced retail unit.  The unit benefits from a glazed frontage and wooden shop front with security roller shutter.

Industrial

UNIT 5 DRAKE COURT, RIVERSIDE PARK ESTATE, MIDDLESBROUGH, TS2 1RS

The property provides a terraced, industrial property 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. The unit has separated pedestrian and vehicular access through a roller shutter. The unit also has their own dedicated parking and loading.

Under Offer
Leisure Retail

UNITS 2B, 3C & 3D GRANGEMOOR ROAD WIDDRINGTON STATION, WIDDRINGTON STATION, MORPETH, NE61 5BJ

Ground floor retail unit last used as a bar and restaurant.

 

 

Offices

The Mill Hexham Business Park, Burn Lane, Hexham, Northumberland, NE46 3RU

The property compromises a unique detached, stone built three storey office building under a pitched tiled roof. Internally the property provides a variety of different office suites as well as a managers office, meeting rooms, boardroom. There is also a staff breakout  area/kitchen, reception/waiting area along with male, female and disabled W/C facilities.

The property benefits from 8 allocated car parking spaces as well as additional visitor spaces on the estate.

Offices

18 RIVERSIDE STUDIOS, AMETHYST ROAD, NEWCASTLE UPON TYNE, NE4 7YL

The subject property comprises an end terrace three storey property. The building is of steel frame construction under a pitched and tile roof. The front and rear elevations comprise part brickwork with extensive glazing to upper sections.

The building provides office accommodation across three floors with the specification including carpeted floors, suspended ceilings and a gas fired central heating system. There are male and female WC facilities as well as a small kitchenette and shower room.

The property has benefit of 5 car parking spaces.

 

Under Offer
Retail

13-15 MARKET STREET, ALNWICK, NORTHUMBERLAND, NE66 1SS

Attractive Grade II Listed building of stone construction under a pitched slate roof with sliding sash windows. The property is on the first floor and was last used as a dentist surgery.  The property comprises a large open plan reception/4 separate offices, staffroom, separate toilet and kitchen. The property is in great condition with accessibility to the first floor available via stairlift.

 

Offices

THE OLD STABLES, GREYS YARD, MORPETH, NE61 1QD

The property comprises a first floor office within a two-storey brick-built building, which has been subdivided into five units. Internally the property benefits from uPVC doors and windows, a concrete floor, a small kitchen and two WCs. The property could be a suitable for a number of different uses subject to the correct permissions.

 

Offices

2-4 WELLWOOD STREET, AMBLE NORTHUMBERLAND, NE65 0EW

The property comprises first floor office suite with shared ground floor access in a prominent building. The suite has the benefit of carpeted floors and strip florescent lighting.

 

Retail

UNIT 2 & 3 REAR OF OLD CO-OP BUILDING, GRANGEMOOR ROAD, WIDDRINGTON STATION, NE61 5NF

Ground floor retail unit with mezzanine storage area to the rear of the Co-op Supermarket.

Externally there is parking for up to 15 cars shared with the neighbouring occupiers.

 

Under Offer
Development

SANDYLANE (A1056), KILLINGWORTH, NEWCASTLE UPON TYNE, NE13 6PE

George F. White are pleased to present a commercial / roadside / employment development opportunity located in Killingworth, North Tyneside. The site amounts to approximately 16.3ac / 6.6ha, with an allocation for employment use.

The land edged blue has planning permission for an Aldi food store (class E). It is anticipated the site will be accessed from a newly installed junction over the land hatched black, subject to conclusion of planning and sale to Aldi.

The site is conveniently located for excellent connections to the A1 and A19.

 

Under Offer
Retail

16A NORTH BURNS, CHESTER LE STREET CO DURHAM, DH3 3TF

The property is a two storey building with rendered brick walls, under a slate pitched roof. Internally, the property is well appointed and fit-out as an estate agency office although other uses would suit, subject to the relevant planning permission.

 

Development Investment Retail

17, 19-21 Main Street, Belford, Northumberland, NE70 7NG

A unique opportunity to acquire this versatile selection of properties, including a bright three-bedroom cottage with adjoining shop with workroom and a detached studio. All located in the heart of Belford Village. The properties would make an ideal investment for the right buyer.

· Unique investment opportunity
· Three-bedroom cottage
· Shop with adjoining workroom
· Detached studio
· Parking for multiple vehicles

Land

Lot 1, Land to Rear of Victoria Terrace, Bedlington, NE22 5QG

Lot 1 is approximately 412m2 / 0.1 acres / 0.04 hectares. The parcel of land is former garden plot for residential use.

Industrial

Units 5B Harmire Enterprise Park, Barnard Castle, DL12 8BN

The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.

Industrial

Units 30B Harmire Enterprise Park, Barnard Castle, DL12 8BN

The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.

Under Offer
Industrial

Units 5E Harmire Enterprise Park, Barnard Castle, DL12 8BN

The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.

Under Offer
Industrial

Units 4D Harmire Enterprise Park, Barnard Castle, DL12 8BN

The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.

Industrial

Units 4C Harmire Enterprise Park, Barnard Castle, DL12 8BN

The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.

Leisure

Unit 1 Royal Hotel, 13-17 E. Parade, Whitley Bay, Tyne and Wear, NE26 1AP

The property comprises an established Victorian sea front hotel on Whitley Bay promenade.

The ground floor is split into two sections, the first is to be retained by the hotel operator and will comprise reception and dining areas.

The second is available to let and comprises a former night cub / bar, which is mostly open plan save for some small storage areas and WCs to the rear of the premises.

Our client is seeking a single leisure operator to take the space in its entirety, to compliment the hotel offering.

 

Offices

1ST AND 2ND FLOOR OFFICES, 25 MAIN STREET, PONTELAND, NEWCASTLE UPON TYNE, NE20 9NH

The property comprises first and second floor office suites with shared ground floor access in a prominent Grade II Listing building. The suites have the benefit of carpeted floors and strip florescent lighting. The first floor uses the communal WCs whilst the second floor has an internal WC suite.

 

Retail

Rear of Kepwell House, Kepwell Bank Top, Prudhoe, Northumberland, NE42 5PW

The property comprises a ground floor refurbished retail unit. There are three different rooms whilst there is also the benefit of a kitchenette and WC facilities. The unit has been tastefully refurbished, ready for any tenant to move in with freshly painted walls and ceilings as well as brand new LED lighting. The property could be used for a variety of different uses.

 

Under Offer
Leisure Offices

1st Floor, 42 Merton Road, Ponteland, Newcastle upon Tyne, NE20 9PS

The property comprises a first floor suite, accessed from a communal entrance, which is made up of a number of different rooms with the benefit of its own kitchen and WC facilities. The suite is presented nicely inside with modern carpets and interesting wall paper finishes. The property could be used for a variety of different uses.

 

Leisure Offices Retail

Units 1 and 2, 40 Warton Terrace, Heaton, Newcastle upon Tyne, NE6 5LS

Introducing Units 1 & 2, 40 Warton Terrace – An exceptional opportunity to secure a space in a premier development in the heart of the vibrant Chillingham Road Area.

This commercial property is a standout, positioned at the prominent junction of Warton Terrace and Chillingham Road, boasting an incredible volume of pedestrian and vehicular traffic. With it’s distinctive external kerb appeal, this space is sure to catch the eye of the many passers-by.

Immerse yourself in a fully upgraded environment, thoughtfully designed. The recent extensive back to brick refurbishment includes energy-efficient enhancements like LED lighting and thermal insulation, ensuring cost-effective operations while fostering sustainability. The property is fully wheelchair accessible for individuals with disabilities.

Operating under use class E, the versatility of this space opens up possibilities for various business ventures, including salons, beauticians, offices, retail, café’s etc.

 

 

Offices

A2 Marquis Court, Team Valley, Gateshead, NE11 0RU

The property provides two storey office accommodation providing a combination of open plan office accommodation and dedicated training rooms. There is a kitchen on the first floor and WCs on both ground and first floor.

The accommodation comes with 11 car parking spaces.

 

Investment Offices

F17 Willow Court, Team Valley, Gateshead, NE11 0RU

The property provides two storey modern, open plan office accommodation. There is an independent gas fired heating system, WCs and kitchen facilities. Car parking is available within the central courtyard.

The property is held by way of a long ground lease dated 10 December 2021 until 21 February 2115 at a peppercorn rent. The occupational lease is to Chemistry Marketing (North East) Ltd on a 5 year FRI lease (3 year break) from 20 October 2021. The passing rent is £12,070 per annum.

Offers are sort with an asking price of £135,000, reflecting a net initial yield of 8.78%.

Investment

NEW BUILD CO-OP INVESTMENT FOR SALE

Prominently situated in an affluent Northumberland town with a very strong resident and tourist trade

  • Relocation from existing Coop store which has been in operation 50+ years.
  • No other convenience store competition in Rothbury
  • Newly developed unit (estimated completion in May 2023 with store opening
    TBC by Coop) extending to 645 sq m (6,944 sq ft) incorporating The Post Office
  • Securely let entirely to a national covenant in The Co-operative Group Food
    Ltd
  • 5 yearly, RPI linked rent reviews (collar and cap of 1% & 3% respectively)
  • Term certain of 15 years
  • Initial rent of £126,324 per annum
  • Freehold
Sold
Leisure

First Floor 367 Benton Road, Benton, Newcastle upon Tyne, NE7 7EE

The premises comprise a first floor former hair salon in a terraced row of retail units immediately above Subway. The majority of the premises are laid to a hair salon with an office and toilet facilities.

Under Offer
Offices

114 High Street, Gosforth, Newcastle upon Tyne, NE3 1HB

The property occupies first and second floor office space in a prominent position on Gosforth High Street. Accessed from a self-contained front door, internally the property is made up of a series of office suites which benefit from carpeted floors and LED lights. There are of male and female toilets in the premises whilst heating is by way of a gas-fired central heating system. There is a car parking space to the rear available by way of a separate licence.

Retail

35 Chiswick Square, Hylton Castle, Sunderland, SR5 3PZ

The subject property provides ground floor accommodation last used as a shop. The property has the benefit of a sales area with WC, staff area.

Under Offer
Offices

Unit 4 Linnet Court, Cawledge Business Park, Alnwick, NE66 2GD

Mid terrace two storey office building.

The ground floor comprises smaller modular office space with WC.

The first floor comprises a large open plan office space.

There are demised parking spaces to the front of the property with additional unallocated spaces in the middle of the estate.

 

Offices

15C Harmire Enterprise Park, Barnard Castle, County Durham, DL12 8BN

Ground   floor   modular   self-contained office   accommodation. Suspended ceiling and recessed lighting.

Offices

14B Harmire Enterprise Park, Barnard Castle, County Durham, DL12 8BN

Ground   floor   modular   self-contained office   accommodation. Suspended ceiling and recessed lighting.

Offices

15D Harmire Enterprise Park, Barnard Castle, County Durham, DL12 8BN

Ground   floor   modular   self-contained office   accommodation. Suspended ceiling and recessed lighting.

Development

Former Bus Depot, Picktree Lane, Chester le Street, County Durham, DH3 3SW

The vendor intends to sell a cleared site with vacant possession.

Currently, the site comprises a large bus depot with offices constructed between the 1900s and 1950s.

Vehicular access is from four entrances at the front; one of which extends through a covered canopy area. There is also access between the two office blocks at the front into the warehouse and there are also two access doors into the front yard.

Offices

Cragside Business Centre, 2nd Floor, Cragside House, Heaton Road, Newcastle Upon Tyne, NE6 1SE

Cragside Business Centre occupies the second floor of this purpose-built office building. The building has recently been refurbished with a new ground floor foyer. The second floor provides ten serviced office suites with sizes ranging from just 155 sq ft to 1,282 sq ft.

Refurbishment to the second floor has included newly painted walls, new carpets and LED lighting. The floor also benefits from a shared meeting room and a shared communal kitchen. Separate WC facilities for the second floor only are available. There is extensive free on-street parking on the surrounding streets.

Industrial Investment

INDUSTRIAL INVESTMENT – 1 Factory Road, Blaydon-on-Tyne, Newcastle, NE21 5SD

Total combined rent of £89,340 per annum with potential to increase the rent with Boyd Ductwork to around £4.34 psf at rent review in December 2024, which would provide a reversionary rent of approximately £106,000 per annum.

Offers in excess of £1,350,000 are invited for the freehold interest of the property. A sale at this level reflects a yield of 6.25% assuming standard purchasers costs of 6.02% and a reversionary yield of 7.41% assuming uplift to £106,000 per annum and standard purchasers costs. A sale at £1.35m reflects a very low capital value of only £62.41 psf.

Sold
Offices

4 St James Street, Newcastle upon Tyne, Tyne & Wear, NE1 4NF

The property provides a three storey terraced building with two car parking spaces to the front. The ground floor is occupied by Guerilla Communications Marketing Company. There is a shared entrance providing access to the first and second floors which provide five office rooms which are available as one or in part. There are two WC facilities.

Offices

116 High Street, Gosforth, Newcastle upon Tyne, NE3 1HB

The property occupies first and second floor office space in a prominent position on Gosforth High Street. Accessed from a self-contained front door, internally the property is made up of a series of office suites which benefit from carpeted floors and LED lights. There are of male and female toilets in the premises whilst heating is by way of a gas-fired central heating system. There is a car parking space to the rear available by way of a separate licence.

Investment

American Golf Centre, Newcastle Road, Sunderland, SR5 1JT

The site encompasses approximately 16 acres providing an American Golf Discount Centre, Sunderland Golf Driving Range, a first floor office, a residential flat and a Mitchells and Butlers Public House. The driving range comprises 42 undercover, floodlit, driving range bays with chipping targets and greens. There is also a large car park.

Entirely let to four tenants including American Golf (Trading) Limited at a combined rental of £81,400 per annum.

Sold
Leisure Offices Retail

Ground floor, 100 Front Street, Chester-le-street, County Durham, DH3 3BA

Prominently positioned on Front Street

Other nearby retailers including Greggs, Boots and Halifax

Total ground floor area of approximately 1,761 sq ft (163 sq m)

Attractive four storey building with stone front elevation under a slate pitched roof

Offers of £18,000 per annum are sought for the ground floor retail area. All other terms to be agreed

Investment

McColl’s Convenience Store, 166 Dean Road, Meldon Terrace, South Shields

The whole property is let to Martin McColl Limited for a term of 16.5 years from the 20th November 2019 on FRI terms and subject to fixed uplifts at 2% per annum compounded throughout. The passing rent is £28,329 per annum.

For the year ending 25th November 2018 the tenant reported a turnover of £835 million, pre-tax profit of £34 million and shareholder’s funds of £218 million.

Seeking offers in excess of £420,000 for the freehold interest. A sale at this level reflects a net initial yield of 6.47% allowing for purchasers costs of 4.30%.

Sold
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

Sold
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%

Sold
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
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
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
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
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
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
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
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
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
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
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
Please Select a Service
Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Sign up for our newsletter
ErrorHere