Commercial property for sale in Charlotte House, 19 Fenkle Street, Newcastle Upon Tyne NE1

From £2,250,000 (£76.41/sq. ft)
Interested in this property? Call +44 191 686 1829 * or Request Details

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Commercial property for sale 29,445 sq. ft*

Property description

Key Points

  • Investment Opportunity
  • 109 rooms arranged over 21 flats
  • Description

    Charlotte House is an attractive and prominent Grade II Listed building, with the property comprising of the upper floors, which are situated above 6 retail units over the ground and basement levels which are held by the freeholder of the building. Under its current configuration, the property comprises-
    • 109 student bedrooms in 21 fully fitted cluster flats of between 3 and 6 bedrooms, each with shared kitchen, living, shower and WC facilities.
    • The rooms are located within 3 separate blocks, each with access into a central secure courtyard.
    • The basement area is accessed from the courtyard and has a communal laundry room, bike storage and a further room with vending machines.
    • There are currently 13 secure car parking spaces provided in the courtyard.
    • The student bedrooms vary in size and shape throughout the building and are generally larger than average

    Location

    The property is situated in a central and prominent position in Newcastle City Centre in the historic and predominantly listed area known as Grainger Town. It is a short distance to the north of the main central railway and Metro Station. It is also situated just to the south west of the prime retail facilities of the Eldon Square shopping centre and Northumberland Street. The Property is also within walking distance of the two main City centre University campuses of Newcastle University to the north west, and Northumbria University to the north east. The property is also under 5 minutes to Newcastle University’s Business School, Science Central and the Institute of Genetic Medicine. The surrounding area comprises a range of attractive period buildings with a mix of commercial and residential uses. There are a number of retail units, bars, restaurants as well as offices and residential above these units. It is a vibrant area being so centrally positioned within the City Centre and as such is a popular place for students and young professionals to live, albeit there is a scarcity of other purpose built accommodation in the immediate surroundings due to the restriction of suitable sites

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    BNP Paribas Real Estate - Newcastle Commercial, NE1 on +44 191 686 1829 * (local rate)

    Contact BNP Paribas Real Estate - Newcastle Commercial about this property

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BNP Paribas Real Estate - Newcastle Commercial, and do not constitute property particulars. Please contact BNP Paribas Real Estate - Newcastle Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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