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6A Queen St 2,280 sq ft 100% Let Office Property Newcastle Under Lyme ST5 1ED £350,000 (£153.51/sq ft) 4.27% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Two Grade II Listed Buildings close to the centre of Newcastle-under-Lyme
- Front building let to beautician
- Renovated by The Staffordshire Heritage Trust in 1986
EXECUTIVE SUMMARY
Available freehold, subject to contract and with the benefit of two License Agreements.
6a Queen Street is let to a private individual on an all-inclusive basis at £7,980pa on a Licence Agreement from December 2024 for 2 years. Copy of the lease available upon request. Suite 1, Old Stables Court, is let to a private individual on an allinclusive basis at £6,960pa on a Licence Agreement with a rolling one month notice.
Please note, 6a Queen Street can be bought independently if the former veterinary surgery is not required.
6a Queen Street is let to a private individual on an all-inclusive basis at £7,980pa on a Licence Agreement from December 2024 for 2 years. Copy of the lease available upon request. Suite 1, Old Stables Court, is let to a private individual on an allinclusive basis at £6,960pa on a Licence Agreement with a rolling one month notice.
Please note, 6a Queen Street can be bought independently if the former veterinary surgery is not required.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
2,280 sq ft
Costar Property Class
B
Year Built
1920
Price
£350,000
Price per sq ft
£153.51
Yield
4.27%
NOI
£14,940
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,140 sq ft
Plot ratio
0.80
Total Plot Size
0.07 ac
AMENITIES
- Courtyard
- Storage Space
1 of 19
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6A Queen St
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