Property photos
Offers over
£405,000
(£270.00/sq. ft)
Retail premises for sale
Westgate Road, Newcastle Upon Tyne NE41,500 sq. ft
Local area information
Property location
Nearby amenities
- Our Lady and St Anne's RC Primary School 0.1 miles
- St Paul's CofE Primary School 0.2 miles
- Newcastle 0.4 miles
- Manors 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Investment summary
Retail and residential investment opportunity located in Newcastle city centre
Adjacent to The Helix; a major city centre regeneration project
Newcastle is a two University city with a student population in excess of 50,000
Generating a total rental income of £35,800 per annum
Student rental income from 5 tenants at £110 pppw
Located in an area very popular with students • Freehold opportunity
Value-add opportunities through development
We are instructed to seek offers in excess of £405,000 (exclusive of VAT) reflecting a net initial yield of 8.48% assuming standard purchasers’ costs.
Retail and residential investment opportunity located in Newcastle city centre
Adjacent to The Helix; a major city centre regeneration project
Newcastle is a two University city with a student population in excess of 50,000
Generating a total rental income of £35,800 per annum
Student rental income from 5 tenants at £110 pppw
Located in an area very popular with students • Freehold opportunity
Value-add opportunities through development
We are instructed to seek offers in excess of £405,000 (exclusive of VAT) reflecting a net initial yield of 8.48% assuming standard purchasers’ costs.
More information
Listed by
Delta Capital Property Investment
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