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1-1A Railway St 47,916 sq ft 100% Let Retail Property Newcastle BT33 0SP £1,950,000 (£40.70/sq ft)

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INVESTMENT HIGHLIGHTS

  • Redevelopment Opportunity
  • c. 1.1 acres
  • With the benefit of Short Term Rental Income

EXECUTIVE SUMMARY

The property comprises a former red brick Victorian Railway station building, built in c. 1905. With a central three storey tower between two single storey pitched roof properties, one of which was a former public house. The tower has a B1 Listing.
To the rear the property has been extended providing a large modern single storey extension with a pitched cladded roof over. Service access to the property is via the rear car park. Internally the property is occupied by Lidl and fitted to their standard design.
The property benefits from its own secure car parking providing spaces for approximately 65 cars on a site of c. 1.1 acres.
Existing Lease
Leased to Lidl Northern Ireland GmbH at a passing rent of £105,000 per annum, expiring on 1st November 2025. Full details on request.
Planning
There are no active planning applications on the property/site. The property sits within the town centre and settlement limit set out in the Ards and North Down Area Plan 2015, Map No. 3/004a – Newcastle.
Listing Details
Only the tower at the former railway station has a B1 Listing according to the Historic Environment Division of the Department for Communities. Full details on request.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Size
47,916 sq ft
Year Built
1905
Price
£1,950,000
Price per sq ft
£40.70
Occupancy Rate
100%
Number of Floors
1
Frontage
116 ft on Station Shopping Centre

AMENITIES

  • Signage
  • Listing ID: 34406867

  • Date on Market: 08/01/2025

  • Last Updated:

  • Address: 1-1A Railway St, Newcastle BT33 0SP

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