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90-92 Clayton St 3,968 sq ft 100% Let Retail Property Newcastle Upon Tyne NE1 5PG £920,000 (£231.85/sq ft) 8.39% Net Initial Yield



Investment Highlights
- Newcastle city centre Freehold opportunity
- Close to universities and prime city centre shops and amenities
- Located in the heart of Newcastle city centre
Executive Summary
Newcastle city centre freehold opportunity located in the heart of the city. Fully let with total passing rent of £76,490 per annum with pre-agreed increase to £81,572 pa next year.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,968 sq ft
Costar Property Class
C
Year Built
1820
Price
£920,000
Price per sq ft
£231.85
Yield
8.39%
NOI
£77,188
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Floor To Floor Height
10 ft
Plot ratio
1.30
Total Plot Size
0.07 ac
Frontage
Amenities
- Bus Route
- Security System
- Signage
- EPC - E
- Roller Shutters
- Storage Space
1 1
Nearby Major Retailers
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
90-92 Clayton St
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