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Pipewellgate

11,000 SF Retail Building Gateshead NE8 2BJ £1,500,000 (£136/SF)

Investment Highlights

  • Prime site at the heart of the Gateshead Quays Suitable for redevelopment
  • The Property currently has the benefit of a 4am premises licence
  • Rapidly changing landscape to include the £200m Arena & Conference Centre Development
  • Suitable for a number of uses to include residential, office or leisure subject to the appropriate planning consent

Executive Summary

Building of c. 11,000 sq ft with the opportunity to significantly increase floor area. Suitable for a number of uses to include residential, office or leisure subject to the appropriate planning consent.
Property available for sale, offers in excess of £1,500,000.

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
11,000 SF
Year Built
1990
Price
£1,500,000
Price Per SF
£136
Tenancy
Single
Number of Floors
2
Frontage
141 ft on Pipewellgate

Amenities

  • Restaurant

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Buffalo Joe's
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Buffalo Joe's - - - -

Nearby Major Retailers

Pure Gym
Heron Foods
Iceland
YMCA
Costa Coffee
Lloyds Bank
Anytime Fitness
Tesco Extra
Nando's
Barclays
  • Listing ID: 19766220

  • Date on Market: 03/06/2020

  • Last Updated:

  • Address: Pipewellgate, Gateshead NE8 2BJ

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