Log In/Sign up
Your email has been sent.
Roadside Retail Development Stamfordham Rd 8,260 sq ft 85% Let Retail Property Newcastle Upon Tyne NE5 1DH £3,155,000 (£381.96/sq ft) 5.50% Net Initial Yield
Investment Highlights
- Close proximity to the A1
- Easy access to arterials into central Newcastle
Executive Summary
This is a fully let retail development currently under construction. The property is available for sale with a WAULT to expiry of 15.15 years & 13.84 years to break. The units are let to Co-op, Greggs, and Harrison Vets. Reversionary yield of 6.30% & 7.30% in March 2031 and 2036 respectively.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
8,260 sq ft
Costar Property Class
B
Year Built
2026
Construction Status
Under Construction
Price
£3,155,000
Price per sq ft
£381.96
Yield
5.50%
NOI
£173,525
Occupancy Rate
85%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.01
Total Plot Size
17.71 ac
Parking
23 Spaces (2.78 Spaces per 1,000 sq ft Leased)
Amenities
- Bus Route
- Security System
- Kiosk/Cart Space
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1,250 SF arranged over ground floor with dedicated parking, rear loading and bin stores.
| Space | Size | Space Use | Position | Available |
| Unit 2 | 1,250 sq ft | Retail | In-Line | Now |
Unit 2
| Size |
| 1,250 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 2
| Size | 1,250 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,250 SF arranged over ground floor with dedicated parking, rear loading and bin stores.
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Roadside Retail Development | Stamfordham Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.