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45-51 Clayton St 16,273 sq ft 100% Let Retail Property Newcastle Upon Tyne NE1 5PW £2,500,000 (£153.63/sq ft) 7% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Corner of Clayton Street and Nun Street
- Close to local amenities
- Ground and 2 upper floors
EXECUTIVE SUMMARY
Property available for sale, offers in excess of £3,000,000 which reflects a net initial yield of 6% on income and £57 per sq ft on the vacant space after deduction of purchaser’s costs of 6.45%
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
16,273 sq ft
Costar Property Class
C
Year Built
1884
Price
£2,500,000
Price per sq ft
£153.63
Yield
7%
NOI
£175,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Floor To Floor Height
10 ft
Frontage
AMENITIES
- Bus Route
- Signage
1 1
NEARBY MAJOR RETAILERS
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45-51 Clayton St
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