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45-51 Clayton St

16,273 SF Retail Building Newcastle Upon Tyne NE1 5PW £2,500,000 (£154/SF) 6% Net Initial Yield

Storefront Properties Tyne And Wear Newcastle Upon Tyne 45-51 Clayton St, Newcastle Upon Tyne, TWR NE1 5PW

Investment Highlights

  • Corner of Clayton Street and Nun Street
  • Close to local amenities
  • Ground and 2 upper floors

Executive Summary

Property available for sale, offers in excess of £3,000,000 which reflects a net initial yield of 6% on income and £57 per sq ft on the vacant space after deduction of purchaser’s costs of 6.45%

Attachments

45-51 Clayton Street & 40-42 Newgate Street, Newcastle upon Tyne - May 24

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
16,273 SF
Year Built
1884
Price
£2,500,000
Price Per SF
£154
Net Initial Yield
6%
NOI
£150,000
Tenancy
Single
Number of Floors
5
Slab to Slab
10 ft
Frontage
76 ft on Clayton St

Amenities

  • Bus Route
  • Signage
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Nearby Major Retailers

Caffe Nero
Pret A Manger
Sainsbury's
West Cornwall Pasty Co
Costa Coffee
AMT Coffee
Starbucks
Heron Foods
German Doner Kebab
Nando's
+44 191 743 0134

  • Listing ID: 31749839

  • Date on Market: 09/05/2024

  • Last Updated:

  • Address: 45-51 Clayton St, Newcastle Upon Tyne NE1 5PW

The Retail Property at 45-51 Clayton St, Newcastle Upon Tyne, NE1 5PW is currently available For Sale. Contact MHPI Ltd for more information.

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Photo 3 - Newgate Street

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45-51 Clayton St
+44 191 743 0134 x

45-51 Clayton St

James Metcalf

+44 191 743 0134

+44 191 743 0134

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