Commercial Property in Newcastle City Centre available for sale
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Commercial Properties for Sale near Newcastle City Centre (Newcastle Upon Tyne)

Find commerical property for sale in Newcastle City Centre that meets your business or investment goals

More details for 5-7 Collingwood St, Newcastle Upon Tyne - Office for Sale

5-7 Collingwood St

Newcastle Upon Tyne, NE1 1JE

  • Office for Sale
  • £1,250,000
  • 11,850 sq ft
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More details for 2-4 Mosley St, Newcastle Upon Tyne - Office for Sale

2-4 Mosley St

Newcastle Upon Tyne, NE1 1DG

  • Office for Sale
  • £1,750,000
  • 13,150 sq ft
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Commercial Properties for Sale Within 5 miles of the Newcastle City Centre (Newcastle Upon Tyne)

More details for Queensway, Gateshead - Office for Sale
  • Matterport 3D Tour

Picture House-Team Valley Trading Estate - Queensway

Gateshead, NE11 0NX

  • Office for Sale
  • £1,500,000
  • 10,877 sq ft
  • Energy Performance: C
  • Air Conditioning
  • Kitchen
  • Reception

Gateshead Office for Sale

Discover a unique opportunity to owner-occupy or invest in a self-contained HQ-style office building in a landscaped setting in Gateshead. The building was initially built as a cinema in the 1930s, providing essential welfare amenities for the workers of Queens Park. The property has since undergone significant refurbishment (2006) to provide stunning, open-plan office accommodation, meeting rooms, and functional mezzanine space. Enter the building via a prestigious reception area, complete with a kitchen, staff facilities, and laboratories, offering everything in one place. This flexible accommodation provides the ideal opportunity to adapt the space to suit all operational requirements and align with brand identity. Enjoy a host of green credentials, including extensive natural light, and take the first step toward achieving Net Zero Carbon in the future, alongside reduced occupation costs. Join one of the UK's most successful commercial mixed-use business locations at Queensway in Team Valley. Take advantage of the site's prominence on the A1 Western Bypass, offering quick and easy links to Newcastle upon Tyne, Gateshead, and the wider regional conurbation. For those opting to travel via public transport, the site offers excellent bus service links with Gateshead Interchange and the Tyne and Wear Metro, providing efficient transport for visitors and staff. Take a break from meetings and discover the diverse range of amenities nearby, including Maingate to the north, providing retail, office, hotel, leisure, and restaurant facilities with occupiers Regis, HSBC, Greggs, O'Brien's, Finlay's Newsagents, Bathstore, FX Leisure Gym, and the Premier Inn. To the south of Team Valley is Retail World, a retail park with retailers M&S Food, Boots, Valley Parade Halfords, Wren Kitchen, TK Maxx, and Decathlon. With flexibility, sustainability, and accessibility at the forefront of this property's offering, Picture House offers the ideal setting for forward-thinking occupiers and investors.

Contact:

J K Property Consultants

Date on Market:

04/10/2023

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More details for 126-134 Heaton Rd, Newcastle Upon Tyne - Retail for Sale

126-134 Heaton Rd

Newcastle Upon Tyne, NE6 5HN

  • Retail for Sale
  • £2,500,000
  • 9,860 sq ft
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More details for Spar Well Road, Blaydon On Tyne - Retail for Sale

Run of the Mill - Spar Well Road

Blaydon On Tyne, NE21 6RT

  • Retail for Sale
  • £900,000
  • 9,106 sq ft
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More details for 377-377A Stamfordham Rd, Newcastle Upon Tyne - Office for Sale

377-377A Stamfordham Rd

Newcastle Upon Tyne, NE5 2LH

  • Office for Sale
  • £600,000
  • 4,213 sq ft
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More details for 452 Denton Rd, Newcastle Upon Tyne - Office for Sale

452 Denton Rd

Newcastle Upon Tyne, NE15 7HD

  • Office for Sale
  • £295,000
  • 2,240 sq ft
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More details for Kingsway South, Gateshead - Light Industrial for Sale

Kingsway Central - Kingsway South

Gateshead, NE11 0SU

  • Light Industrial for Sale
  • £3,500,000
  • 47,450 sq ft
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More details for 1 Church Row, Gateshead - Retail for Sale

1 Church Row

Gateshead, NE10 9SL

  • Retail for Sale
  • £160,000
  • 1,940 sq ft
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FAQs About Commercial Property For Sale in Newcastle City Centre

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How many commercial properties are currently available for sale in Newcastle City Centre?
There are currently 4 commercial properties available for sale. Sizes range from 11,850 sq ft to 34,362 sq ft, with an average size of 18,909 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Newcastle City Centre?
The average asking price is approximately £97 per sq ft, with prices ranging from £78 to £114 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Newcastle City Centre (Newcastle Upon Tyne)

Market Overview for Commercial Properties in Newcastle City Centre

Key information for Commercial Properties investors in Newcastle City Centre and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Newcastle Upon Tyne £120 24,517 sq ft
Gateshead £118 17,910 sq ft
Blaydon On Tyne £53 53,445 sq ft
Wallsend £38 11,517 sq ft

Rental Price Trends in Newcastle City Centre

The price per square foot range for Commercial Properties in Newcastle City Centre and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Newcastle Upon Tyne £15 £120 £455
Gateshead £32 £118 £455
Blaydon On Tyne £32 £53 £73
Wallsend £15 £38 £69

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Newcastle City Centre area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Newcastle Upon Tyne 481 sq ft 24,517 sq ft 148,596 sq ft
Gateshead 661 sq ft 17,910 sq ft 148,596 sq ft
Blaydon On Tyne 9,106 sq ft 53,445 sq ft 97,783 sq ft
Cramlington 1,937 sq ft 115,815 sq ft 455,560 sq ft
Wallsend 481 sq ft 11,517 sq ft 45,178 sq ft

You searched for commercial property for sale in Newcastle City Centre. Explore 4 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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