Retail premises for sale in Clayton Street, Newcastle Upon Tyne NE1

£255,000 (£226.06/sq. ft)
Interested in this property? Call +44 191 686 1492 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale 1,128 sq. ft*

Property features

  • Investment Opportunity
  • Current Rental Income 12,000 per annum
  • Potential Rental Income 18,500 per annum
  • Upper Floors Only
  • Long Leasehold 999 years remaining

Property description

Summary

We are pleased to offer for sale the upper four floors which are situated within a five storey, mid terraced property, of traditional stone construction and is provided with a slate covered pitched main roof. The building is provided with a secure entrance.

The premises is on the first to fourth floors. The majority of the property is let to one tenant trading as a tattoo removal/aesthetics business however there is a small office which is currently vacant on the first floor. There are a number of on street, pay and display parking provisions and close by multi storey car parks that can be utilised by occupiers/tenants of the individual office premises. The subject property is provided with a reception/waiting area, kitchen, W.C. Facilities and a number of individual treatment rooms.

Location

The subject Premises is situated within Clayton Street, Newcastle upon Tyne, located within the main leisure district of the city centre. Clayton Street is an established retail street stretching from Grey's Monument south to Westgate Road. Clayton Street is an established shopping location within the city centre with a number of household retailers encouraging high levels of footfall and passing trade.

Accommodation

Ground floor
Secure entrance
Communal stairs to first floor

first floor (office space)
Reception/kitchen: 12.1sqm (130.8sqft)
Stairs to second floor


Second floor


Office one: 29.58sqm (314.7sqft)
Office two: 6.0sqm, (64.5sqft)
Stairs to third floor


Third floor


Office three: 15.8sqm (163.4sqft)
Office four: 13.5sqm (145.6sqft)
Office five: 6.0m2, (64.5sqft)
Male/female W.C.
Hallway
Stairs to four floor


Fourth floor


Office six: 28.6sqm (307.8sqft)

net internal area aproximately: 105.0sqm (1127.7sqft)

Rateable Value

The adopted rateable value is 5,000 as of 1st April 2017.
Sourced from voa.

EPC

Energy Performance Certificate: D

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Property info

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

Arrange Viewing

For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - 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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