Commercial Property in NE6 available for sale
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Shopfront for Sale near NE6

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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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FAQs about NE6 Shopfront Properties For Sale

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How many Shopfront listings are available for sale in NE6?
There are currently 1 Shopfront Properties on the market in and around NE6.
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Asking prices in NE6 range based on market conditions.

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