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329-331 Welbeck Rd

1,807 SF Retail Building Newcastle Upon Tyne NE6 2QX £135,000 (£75/SF) 10% Net Initial Yield

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Investment Highlights

Prominent main road position
High level of traffic and footfall

Situated on Welbeck Road

Executive Summary

A mid-detached three storey property of red brick construction with pitched slate roof. The property consists ground floor tenanted retail unit with large garage and two bedroom maisonette.
Investment opportunity with rental income £13620 per annum for 10% yield.
Offers over £135,000 Freehold

Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Property Subtype

Storefront Retail/Residential

Building Size

1,807 SF

Building Class

Year Built

1910

Price

£135,000

Price Per SF

£75

Net Initial Yield

10%

NOI

£13,500

Tenancy

Single

Number of Floors

Frontage

20 ft on Welbeck Road

Amenities

Storage Space

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