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Former Bank 44 Front St

7,013 SF Retail Building Newcastle Upon Tyne NE16 6EE £500,000 (£71/SF)

Investment Highlights

  • Ample public parking and loading to the rear
  • Nearby occupiers
  • Situated prominently on the primary thoroughfare in Whickham

Executive Summary

Subject to gaining vacant possession the freehold sale of the building will be considered from offers over£500,000 exclusive.
Also available to let.

Attachments

Brochure

Property Facts

Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
7,013 SF
Building Class
B
Year Built
1950
Price
£500,000
Price Per SF
£71
Tenancy
Single
Number of Floors
1
Building FAR
0.97
Land Acres
0.17 AC
Frontage
63 ft on Front Street

Amenities

  • Corner Lot
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 7,013 SF
  • Retail
  • In-Line
  • Now

The unit is arranged over a spacious open ground floor subject to gaining vacant possession a new Full Repairing & Insuring lease for a term to be agreed, with an initial rent of £50,000 per annum exclusive. Alternatively, subject to gaining vacant possession the freehold sale of the building.

Space Size Space Use Position Available
Ground 7,013 SF Retail In-Line Now

Ground

Size
7,013 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 7,013 SF
Space Use Retail
Position In-Line
Available Now

The unit is arranged over a spacious open ground floor subject to gaining vacant possession a new Full Repairing & Insuring lease for a term to be agreed, with an initial rent of £50,000 per annum exclusive. Alternatively, subject to gaining vacant possession the freehold sale of the building.

Nearby Major Retailers

Lloyds Bank
Nisa
Heron Foods
ASDA
Toby Carvery
Starbucks
ASK Italian
Bella Italia
Costa
Nando's
  • Listing ID: 33230808

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 44 Front St, Newcastle Upon Tyne NE16 6EE

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