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377-377A Stamfordham Rd 4,213 sq ft Office Property Newcastle Upon Tyne NE5 2LH £600,000 (£142.42/sq ft)
Investment Highlights
- A two storey freehold medical centre
- Great location
- Benefitting from 6 space car park at the rear.
Executive Summary
Lot 234 is available by way of Savills Online Auction 22nd April 2026
A two storey freehold medical centre benefitting from NHS backed income.
Comprises approximately 4,213 sq ft (391.4 sq m) NIA. Let on a 21 year lease with 19 Years Unexpired (20.11.2045).
Investment let at a minimum rent of £47,478 per annum.
A two storey freehold medical centre benefitting from NHS backed income.
Comprises approximately 4,213 sq ft (391.4 sq m) NIA. Let on a 21 year lease with 19 Years Unexpired (20.11.2045).
Investment let at a minimum rent of £47,478 per annum.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Subtype
Medical
Property Size
4,213 sq ft
Costar Property Class
C
Year Built
1987
Price
£600,000
Price per sq ft
£142.42
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,107 sq ft
Plot ratio
0.84
Total Plot Size
0.11 ac
Parking
6 Spaces (1.42 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
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377-377A Stamfordham Rd
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