Commercial Property in NE28 available for sale
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Commercial Property for Sale near NE28

Find commerical property for sale in NE28 that meets your business or investment goals

Commercial Properties for Sale Within 5 miles of the NE28

More details for 238-242B Shields Rd, Newcastle Upon Tyne - Retail for Sale

238-242B Shields Rd

Newcastle Upon Tyne, NE6 1DX

  • Retail for Sale
  • £140,000
  • 4,723 sq ft
  • Energy Performance: E

Newcastle Upon Tyne Retail for Sale

Investment Consideration: Gross Initial Yield: 8.52% Rental Income: £11,928 p.a. VAT is NOT applicable to this property Each unit let until 2033/2034 with no breaks. Tattoo Studio tenant in occupation for 10+ years Comprises ground floor retail shop t/a Post Office and self-contained Tattoo Studio at first floor Situated on the South Side of Shield Road with occupiers nearby including Max Spielmann, Greggs, Iceland, Takeaway, Barber Shop, Public House, Bicycle Shop, Fitness and many more. Property Description: The property comprises ground floor retail shop t/a Post Office (fitting out) and self-contained Tattoo Studio at first floor, accessed from the rear, providing the following accommodation and dimensions: Ground Floor Shop: 58 sq m (625 sq ft) Open plan retail, storage, wc First Floor Tattoo Studio: 58 sq m (625 sq ft) Reception, treatment rooms, kitchen, wc Total NIA: 116 sq m (1,250 sq ft) Tenancy: The ground floor shop is at present let to Interim Enterprises Management & Consultancy Services Ltd for a term of 8 Years from 1st August 2026 at a current rent of £7,500 p.a. and the lease contains full repairing and insuring covenants. Fixed rental increase to £8,000 p.a. on 01.08.30 until the remainder of the term. No breaks. Deposit held of £2,500. The first floor studio is at present let to an Individual for a term of 9 Years from 1st July 2024 at a current rent of £4,428 p.a. and the lease contains full repairing and insuring covenants. Rent review every 3 years linked to RPI. No breaks. Lease renewal. Tenant in occupation for 10+ years. Location: Byker is a suburb of Newcastle upon Tyne and is located approximately 2 miles east of the city centre. Byker is situated on the north side of the Tyne on the A193, with direct access to the A167(M). The A167(M) links with the A184 which provides access to the A1 north and south. The property is situated on the South Side of Shield Road with occupiers nearby including Max Spielmann, Greggs, Iceland, Takeaway, Barber Shop and many more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

11/08/2026

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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 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 1-3 Heaton Rd, Newcastle Upon Tyne - Retail for Sale

1-3 Heaton Rd

Newcastle Upon Tyne, NE6 1SA

  • Retail for Sale
  • £600,000
  • 10,460 sq ft
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FAQs About Commercial Property For Sale in NE28

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How many commercial properties are currently available for sale in NE28?
There are currently 1 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in NE28?
The average asking price is approximately per sq ft, with prices ranging from to 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 NE28

You searched for commercial property for sale in NE28. Explore 1 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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