Commercial property for sale in Nun Street, Newcastle Upon Tyne NE1

Offers in region of £1,675,000 (£361.69/sq. ft)
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Commercial property for sale

4,631 sq. ft*

Property description

Key Points

  • Asking Price £1.675m
  • Net Internal Yield: 6.13%
  • Freehold Opportunity
  • Fully Let Investment
  • Prime City Centre Location
  • Subject to Contract

    • Description

    15-21 Nun Street offers a beautifully presented Grade II listed building within Grainger Town, Newcastle upon Tyne. The property comprises three floors, with attic and basement. A retail unit and kiosk make up the ground floor of the building with offices situated on the first floor. The upper floors have recently been converted to accommodate high quality residential apartments.

    Location

    The property is located on Nun Street in Newcastle City Centre which is a busy street located off Grainger Street. The property backs on to the historic Grainger Market and is within close proximity to Eldon Square Shopping Centre. The property benefits from excellent transport links with Newcastle Central Station only a short walking distance away providing transport links to the rest of the region and the UK.

    Terms

    Offers are invited in the region of £1.675m reflecting a net initial yield of 6.13% taking into account purchasers costs at 6.17%.

    Availability_Text

    The accommodation comprises the following areas:

    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
    Sanderson Weatherall, NE1 on +44 191 686 1494 * (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 Sanderson Weatherall, and do not constitute property particulars. Please contact Sanderson Weatherall 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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