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Pipewellgate 11,000 sq ft Retail Property Gateshead NE8 2BJ £1,500,000 (£136.36/sq ft)
INVESTMENT HIGHLIGHTS
- Prime site at the heart of the Gateshead Quays Suitable for redevelopment
- The Property currently has the benefit of a 4am premises licence
- Rapidly changing landscape to include the £200m Arena & Conference Centre Development
- Suitable for a number of uses to include residential, office or leisure subject to the appropriate planning consent
EXECUTIVE SUMMARY
Building of c. 11,000 sq ft with the opportunity to significantly increase floor area. Suitable for a number of uses to include residential, office or leisure subject to the appropriate planning consent.
Property available for sale, offers in excess of £1,500,000.
Property available for sale, offers in excess of £1,500,000.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
11,000 sq ft
Costar Property Class
C
Year Built
1990
Price
£1,500,000
Price per sq ft
£136.36
Tenancy
Single
Number of Floors
2
Plot ratio
0.99
Total Plot Size
0.25 ac
Frontage
141 ft on Pipewellgate
AMENITIES
- Bus Route
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Buffalo Joe's
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Buffalo Joe's | - | - | - | - |
1 1
NEARBY MAJOR RETAILERS
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Pipewellgate
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