Shopping Centres in Southern Newcastle available for sale
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Shopping Centre for Sale near Newcastle Southern (Gateshead)

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Shopping Centres for Sale Within 5 miles of the Newcastle Southern (Gateshead)

More details for Cragside Rd, Washington - Retail for Sale

Armstrong Retail Park - Cragside Rd

Washington, NE37 1LN

  • Retail for Sale
  • £1,938,000
  • 15,025 sq ft
  • Security System

Washington Retail for Sale - Sunderland

INVESTMENT SALE | RETAIL WAREHOUSE PORTFOLIO | ADJOINING B&Q STORES Park Place Retail are marketing this diverse 3 asset retail warehouse portfolio comprising Victoria Retail Park in Halifax, Armstrong Retail Park in Washington and Berse Road Retail Park in Wrexham. The portfolio has a WAULT to lease expiry of 6.3 years (5.7 years to break), a low average rental rate of £9.55 per sq ft with provable reversion at Wrexham providing for a reversionary yield profile. Offers are requested in excess of £7,201,000, providing a low capital value of £109.00 per sq ft and the following yield profile:- 8.21% | net initial yield 8.30% | April 2028 running yield based on Wrexham fixed uplift 8.46% | June 2029 reversionary yield based on recent evidence The properties are available on an individual basis with specific pricing detailed in the respective marketing brochures, which can be provided upon request.

Contact:

Park Place Retail

Property Subtype:

Standalone

Date on Market:

12/05/2026
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LoopNet UK Tyne And Wear Gateshead Shopping Centres For Sale in Southern Newcastle, Gateshead, UK

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