Properties

Tenure

Location

Leisure Retail

38-40 GRAINGER STREET, NEWCASTLE UPON TYNE, NE1 5JG

The property comprises a retail unit arranged over ground floor and basement.   The ground floor provides sales area plus kitchen and a prep area, stores and WC.  The basement level is arranged in a number of rooms providing additional storage, ancillary accommodation plus WC.  The property has the benefit of an alcohol premises licence, further information available on request.

 

Industrial

26-31 BACK GOLDSPINK LANE, SANDYFORD, NEWCASTLE UPON TYNE, NE2 1NU

The property provides ground floor commercial space that could be suitable for a variety of uses. Access is provided via a manual roller shutter door or separate pedestrian entrance. The property benefits from a concrete floor, LED strip lighting, 3 phase electricity and WC facilities.

 

 

 

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.

 

Leisure

13-14 ALBION ROAD AND 70-72 CHURCH WAY NORTH SHIELDS, TYNE & WEAR, NE30 2RJ

The property comprises a redevelopment opportunity of an existing two storey pub premises of brick and stone construction, as well as a separately accessed first floor apartment. The ground floor provides a large open plan bar area with the bar servery in the centre. Ancillary accommodation includes male and female WCs as well as access to the beer cellar, rear yard and first floor. To the first floor there is the former kitchen as well as staff toilets and office.

The residential accommodation is separately accessed from Church Way and provides a 2/3 bedroom apartment with separate kitchen a bathroom.

 

Investment

3-5 FENKLE STREET, ALNWICK, NORTHUMBERLAND, NE66 1HE

3 Fenkle Street is let to a private individual t/a Dovecote Northumberland (candle manufacturer and retailer) on a 5 year lease from August 2023 at a rent of £9,000 per annum on effective FRI terms via way of a fixed service charge. There is a tenant only break clause on the third anniversary of the lease commencement.

5 Fenkle Street is let to a private individual t/a Smile Health Alnwick (chiropractor) on a 5 year lease from January 2024 at a rent of £7,500 per annum on effective FRI terms via way of a fixed service charge.

10 ground rents producing a total rent of £885 per annum.

The total rent is therefore £17,385 per annum

Reflecting attractive NIY of 8.30%

Offices

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.

 

Retail

146 MANOR HOUSE ROAD, JESMOND NEWCASTLE UPON TYNE, NE2 2NA

The property comprises ground floor retail premises with additional basement storage.  The property was formerly used as a hair, beauty and tanning shop and would suit a number of retail or  leisure uses within Use Class E. The property has an extensive timber framed glazed shop front with return frontage, offering excellent visibility from Manor House Road and Grosvenor Road.  Internally the ground floor provides open plan commercial space, a staff kitchen/breakout area to the rear and a WC.

 

Retail

89 TUNSTALL ROAD, SUNDERLAND TYNE AND WEAR, SR2 7RW

The property comprises a ground floor retail unit with double glazed frontage with electric roller shutter, ancillary storage and WC to the rear. The unit was formerly a Thresher Convenience Store but in recent years has been used as storage by the current owner. There is a self-contained flat on the first floor let on an AST. To the rear of the property is a secure yard with locked gates, whilst the frontage is secured via electric roller shutter. Some fixtures and fittings are retained.

Under Offer
Offices

Tanners Burn House Hexham Business Park, Burn Lane, Hexham, Northumberland, NE46 3RU

The property compromises a detached, stone built two storey office building under a pitched tiled roof. Internally the property provides open-plan office space across two floors, along with meeting rooms, boardroom and staff breakout  area/kitchen. The building also provides a reception/waiting area, accessible lift and male, female and disabled W/C facilities.

The property benefits from an excellent car parking provision with 20 allocated car parking spaces as well as additional visitor spaces on the estate.

 

Offices Retail

8 BONDGATE WITHIN ALNWICK, NORTHUMBERLAND, NE66 1TD

The property comprises retail/office on ground floor and then flexible office accommodation on first and second floor.

The whole property is available to let or can be divided to provide flexible smaller office/retail spaces.

Offices

CARLTON HOUSE 2 MANOR ROAD, TYNEMOUTH TYNE AND WEAR, NE30 4RH

The property provides self-contained ground floor open-plan office space, along with a meeting room, boardroom and staff breakout  area. The accommodation also provides a reception/waiting area, archive room, male and female W/C’s, a shower room and cycle storage.

The specification includes carpeted floors, suspended ceilings, LED lighting, with separate storage and data rooms.

There are 4 car parking spaces.

 

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.

 

Retail

FOR SALE – FORMER GREENWELL BAKERY, TOWNFOOT, ROTHBURY, NORTHUMBERLAND, NE65 7SP

This property is available for sale with the bakery as mentioned above and the following:

Also situated on the ground floor is a hair salon which is very well presented, contains its own w/c facilities and is currently trading. Access to this property is gained via the front elevation with entrance on the left.

To the first floor is a very well appointed and modernised spacious two bedroom apartment, currently let out on an AST. This apartment contains a living room with a featured electric fireplace, two double bedrooms, one bathroom containing a bath containing a large separate shower and large utility. The property benefits from gas central heating, mains electricity and has double glazed feature windows to the front.

Fixtures and fittings are to be included within the sale, with all items owned by a third party to be exempt.

Externally there is on street parking to the front of the property. To the rear via private entrance is an enclosed yard leading to a staff toilet, and further storage areas containing four chest freezers and the gas central heating system boiler.

The property would lend itself to a number of different uses with potential to capitalise on both the local population and also the buoyant tourist trade, subject to planning permission.

 

Retail

FORMER GREENWELL BAKERY, TOWNFOOT, ROTHBURY, NORTHUMBERLAND, NE65 7SP

The ground floor former bakery is currently available with vacant possession, it comprises a retail area to the front of the property and kitchen/storage areas to the rear. Bakery equipment can be available by way of separate negotiations.

To the rear of the retail area is a former bakery containing stainless steel prep benches, fridge, freezer, bread slicer, two microwaves, panini press, gas hob and is ceramic tiled throughout. This area also contains ancillary office space and storage areas.

 

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

34 Acorn Road, Jesmond, Newcastle upon Tyne, NE2 2DJ

The property comprises a ground floor self-contained retail unit with a traditional shop front onto Acorn Road. The unit could be suitable for a variety of uses subject to the relevant permissions.

Retail

UNIT 4, STATION BUILDINGS, SALTBURN BY THE SEA, TS12 1AQ

Constructed in 1862 the property comprises the former railway station buildings which have been converted to provide a Grade II Listed retail parade, totalling ten retail units.

The property is of masonry construction with cream brickwork and dressings, under a pitched Welsh slate roof with brick and ashlar chimneys. The central block (Unit 5) within the property has a portico with decorative plinths. The windows are cast iron and single glazed.

 

Under Offer
Offices Retail

Units 11 & 12 Team Valley Shopping Village, Team Valley, Gateshead, NE11 0EN

The property comprises a two storey former bank premises. The ground floor provides versatile open plan space along with a strong room as well as male and female WC facilities.

To the first floor there is open plan kitchen/office/break out space. Externally the property benefits from free customer parking. The property benefits from Use Class E and therefore could be suitable for a variety of uses.

Investment

12 Market Place, Alnwick, Northumberland, NE66 1TL

  • Investment for Sale
  • Prominent market town location
  • Freehold available OIEO £210,000
  • Net Initial Yield of 8.14% after allowing for purchasers costs of 2.37%.
  • Rent £17,500 per annum
Under Offer
Leisure Offices Retail

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

The premises offer two upper floors of commercial space accessed from a shared entrance onto Station Road North. The premises has last been used as a tattoo studio and thus has a number of clean and bright treatment rooms. There is a small staff kitchenette and WC facilities on the first floor. The unit currently operates from a Sui Generis use class as it is a tattoo studio but has permitted development to Use Class E  (Commercial, Business and Service) and therefore could be suitable for a variety of end users.

 

Retail

UNIT 1 REAR OF OLD CO-OP BUILDING, GRANGEMOOR ROAD, WIDDRINGTON STATION, NE61 5NF

The property comprises ground floor retail with mezzanine storage area.

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

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.

 

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.

 

Retail

36A FRONT STREET HEXHAM, NORTHUMBERLAND, NE46 1LZ

The property comprises a  ground floor retail unit with glazed frontage. WC to the rear.

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

Offices

30 Acorn Road, Jesmond, Newcastle upon Tyne, NE2 2DJ

The property provides first and second floor office space accessed from its own self-contained entrance on to Acorn Road. The unit benefits from separate male and female toilets as well a staff breakout/kitchen area.

 

Retail

R4 Westoe Crown Village, South Shields, NE33 3PE

The property comprises a ground floor, glazed frontage retail unit. The unit has been fitted to a good standard internally and benefits from laminate flooring, spot lights, separate staff breakout areas and WC.

 

Retail

565 Durham Road, Low Fell, Gateshead, NE9 5EY

The property occupies an end of terrace providing ground floor retail space previously used as a hot food takeaway. The property is of traditional brick construction with windows and an entrance door. Internally there is a front retail service area with kitchen and storage spaces to the rear.

Under Offer
Retail

93 Percy Street, Newcastle upon Tyne, NE1 7RW

Ground floor retail premises previously occupied by Subway. The premises could be suitable for a variety of subject to the necessary landlord & planning approval.

 

Under Offer
Offices

Offices to Let Old Bewick, Alnwick, Northumberland, NE66 4DZ

Old Bewick farm is a traditional Northumberland farm with a range of stone buildings which have been converted and restored into approximately 800m² of offices.  Conversion works retain many of the original features to provide a spacious office environment suitable for a wide variety of needs.

The space is currently open plan but could be divided to provide individual office units.  In addition there is a shared kitchen, shared reception and workshop space if required together with multi-sex WC’s and shower facilities.

In addition, there are 2 conference rooms which can accommodate up to 20 people.

 

Leisure Offices Retail

20 BONDGATE WITHIN, ALNWICK, NE66 1TF

The property comprises a reception area with breakout offices to the left and a secure service area to the right. The upper floors provide various office accommodation as well as a staff room and kitchen. Services including heating and air-conditioning. The property has the benefit of a secure yard to the rear with parking for up to 7 vehicles extending 0.05 acres.

Retail

61 STATION ROAD, HEBBURN, TYNE & WEAR, NE31 1LA

Ground floor retail unit with a traditional shop front and electronic shutters. Internally the unit provides open space suitable for a variety of uses and WC facilities.

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.

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.

Industrial

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

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.

Industrial

James N McLean Premises, Willowburn Trading Estate, South Road, Alnwick, NE66 2PF

The property benefits from a substantial area of land extending in total to 1.18 ha (2.91 acre).

It includes a purpose built concrete framed industrial unit which has been extended with steel portal frame construction to form a larger warehouse and workshop area.

The southern part of the building is used for trade counter purposes and adjacent to the entrance is a single storey brick office block which benefits from internal offices, WC and staff facilities.

The site is ideal for trade counter purposes, sales, repairs and general storage with the benefit of additional land for future expansion.

 

 

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.

 

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.

 

 

Leisure

Palace Garden, 45-51 Stowell Street, Newcastle upon Tyne, NE1 4YB

The property comprises a three storey, end terrace brick-built building with a self-contained ground floor entrance. To the first floor there is a large open plan dining room with a bar area, male and female WCs as well storage.

The second floor incorporates a private function room with its own bar as well as the kitchen which is linked to the first floor via a dumbwaiter and has the benefit of two cold freezer/cold rooms. There are both male and female as well as staff WCs on the second floor as well.

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
Retail

6 St Mary’s Place, Newcastle upon Tyne, NE1 7PG

The premises comprise an upper ground floor unit, within an attractive Grade II Listed Building and provides good quality accommodation with self-contained facilities.

Internally the space is open plan but could be sub-divided to form front and rear areas. To the rear there are storage, kitchen and toilet facilities together with rear access for deliveries. The premises would suit a wide range of potential occupiers, subject to the relevant planning consents where applicable, and are available by way of a new lease.

 

Offices Retail

22 Osborne Road, Jesmond, Newcastle upon Tyne, NE2 2AD

The premises comprise a ground floor office/retail unit that forms part of an end terrace 3 storey property. The property is finished to an exceptionally high standard throughout, and there is the possibility of including external areas, first floor accommodation and 2 car parking spaces in the demise, subject to negotiation. The property currently provides high end office accommodation occupied by the landlord.

Under Offer
Offices Retail

109 Commercial Street, Crook, County Durham, DL15 0AA

The subject property provides ground and first floor accommodation last used as a Dentist. The property has the benefit of a sales area with WC and kitchen facilities.

 

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.

Retail

503 Durham Road, Low Fell, Gateshead, NE9 5EY

The subject property occupies a prominent corner plot providing ground floor retailing space previously used as a dry cleaners. The property is of traditional brick construction with a traditional glazed shop front. Internally, the accommodation provides a front retail section with storage behind, however, could easily be opened into one larger space. The property could be suitable for a variety of different uses, subject to the necessary permissions.

Under Offer
Offices

1 Bankside, The Watermark, Gateshead, NE11 9SY

The subject property provides ground floor office accommodation with large board room, two smaller glass portioned offices and a larger open plan office with tea station. Shared WCs are available in the lobby.

  • Location: Gateshead
  • Tenure: Leasehold
  • Footage: 1,036 sq ft
  • Price: £13,500 per annum (exclusive)
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

80 The Drive, Heworth, Gateshead, NE10 0PL

The property comprises a single story, detached brick-built building of traditional construction with a hipped, tiled roof. To the rear of the property is a lower single storey extension with a metal corrugated lean to roof. To the front of the property is a large ornate timber door. Ceilings are a mixture of suspended ceiling tiles to the front of the property and no ceiling to the area of the rear elevation. Walls are painted and plastered whilst internally there is a mix of carpet, concrete and painted concrete floors.

Externally the property has space for approximately 5 car parking spaces to the front whilst there is a gated yard on the western boundary.

 

Investment

22-24 Station Road, Ashington, Northumberland, NE63 9UJ

We are instructed to seek offers in excess of £325,000 (Three Hundred & Twenty Five Thousand Pounds) for our client’s freehold interest. £325,000 represents a net initial yield of 8.02% assuming purchasers costs of 4.33%.

Entirely let to strong tenants on re-based rents

Salvation Army reported turnover of £281m (2022)
Savers reported turnover of £567m and £340m pre tax profits

Under Offer
Retail

13 Hencotes, Hexham, Northumberland, NE46 2EQ

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

Retail

Unit 2 Station Buildings, Saltburn by the Sea, TS12 1AQ

Constructed in 1862 the property comprises the former railway station buildings which have been converted to provide a Grade II Listed retail parade, totalling ten retail units.

The property is of masonry construction with cream brickwork and dressings, under a pitched Welsh slate roof with brick and ashlar chimneys. The central block (Unit 5) within the property has a portico with decorative plinths. The windows are cast iron and single glazed

Under Offer
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.

Investment

MOOR COURT, GOSFORTH, NEWCASTLE UPON TYNE, NE3 4YD

55 apartments, garages, private on-site parking & separate annex block |

Affluent location overlooking the Town Moor

Under Offer
Investment

FOR SALE – FIT ACCREDITED RENEWABLE ENERGY INVESTMENT OPPORTUNITY

George F. White are delighted to sell two wind turbines located in Lincolnshire.

Both turbines are FIT and REGO accredited providing guaranteed government backed income streams as well as the associated green credentials. 

Comprising two ROO-FIT accredited 500KW wind turbines, commissioned in 2015. Both EWT turbines were constructed with a 50m hub height and rotor diameter of 54m.

We have estimated that the turbines will offset approximately 23,500 tons of CO2 within their lifetime.

The PPA rate on Turbine 2 has been agreed to increase to £148.39/MWh from £67.28/MWh representing an uplift of 111%. The renewal rate on Turbine 1 has not yet been agreed but is expected to increase by a similar rate with effect from 1st April 2023.

The Feed In Tariff on both turbines benefits from uncapped RPI linked uplifts on the 1st April every year.

Combined income over the last 4 years has averaged £450,000 per annum. The recent market volatility in the energy sector has shown significant increase in the revenue generated from electricity sales.

We have recently seen 150% growth on renewal terms and anticipate this growth to continue as the demand for renewable energy increases.

Based on previous output levels & contracted PPA and FIT rates we expect to see revenue in excess of £800,000 for the financial year 2023/2024.

Industrial

Unit 1B Brindley Road, South West Industrial Estate, Peterlee, SR8 2LT

Steel portal frame.
Mezzanine with office and storage space.
Currently under refurbishment
Access via electric roller shutter door.

Retail

R7 Westoe Crown Village, South Shields, NE33 3PE

The property comprises a ground floor, glazed frontage retail unit. The unit benefits from tiled flooring, LED lighting and three phase electricity. There is a separate staff kitchen, storage rooms and WC facilities.

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.

Leisure

53 Stowell Street, Newcastle upon Tyne, Tyne & Wear, NE1 4YB

The property comprises the ground floor and basement of this four storey end terraced building. The property is of traditional brick construction under a slate pitched roof. The property was last used as a restaurant and thus has Use Class E permissions. The property provides open plan ground floor accommodation with a large ancillary basement space.

Under Offer
Development

Rose Cottage & adjacent site, High Street, Wrekenton, NE9 7JS

The total available opportunity currently comprises three sites. One is a detached, single story, brick residential property known as Rose Cottage. The second is the adjacent former petrol station which encompasses a cleared concrete site apart from two detached brick garages. The third is the cleared, grass, site of the former Gateshead council offices which wraps round to face High Street and Springwell Road. The site could be suitable for a variety of uses subject to the correct planning permissions.

Retail

29 Market Street, Blyth, Northumberland, NE24 1BQ

The property comprises a two storey mid-terraced building of traditional construction with brick walls and pitched tiled roof. Internally the ground floor comprises a sales area and the first floor comprises office space alongside a staff room and toilets.

Offices

114/116 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. Originally two premises that have been combined in to one, the property has the benefit of two front and two rear entrances. Internally the property is made up of a series of office suites which benefit from carpeted floors and LED lights. There are two sets of male and female toilets in the premises whilst heating is by way of a gas-fired central heating system.

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
Offices

19 Berrymoor Court, Northumberland Business Park, Cramlington, Northumberland, NE23 7RZ

The properties will comprise new build two storey semi-detached office buildings. We understand the buildings are to be constructed of brick elevations with a hipped span tile roof covering.

Internally the accommodation provides a ground floor reception area/foyer with a staircase leading to the first floor. There are separate male and disabled/female WCs and a kitchen off the reception areas.

In 17 Berrymoor Court the reception area leads to a rectangular shaped office on the ground floor which in turn leads to a further rectangular shaped store area extension.

The first floor accommodation provides further office accommodation.

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 £22,500 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
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