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

81 Clayton Street, Newcastle upon Tyne, NE1 5PW

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

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

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%

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%

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).

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

The Running Fox, Felton, Northumberland

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

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.

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.

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