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3 & 4 North Ter 5,062 SF 100% Leased Office Building Newcastle Upon Tyne NE2 4AD $800,726 CAD ($158.18 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Existing Office/residential buildings of 3,403 sq ft.
  • 5 car parking spaces to the south of the property.
  • Directly adjacent to Newcastle University and a short walk from Northumbria University.
  • Set across 4 floors.
  • Strategically located in student residential area.
  • Available with Full Vacant Possession.

EXECUTIVE SUMMARY

The property is situated on Claremont Road and makes up part of North Terrace. The area immediately surrounding the subject property is predominantly residential with some commercial uses. Newcastle city centre is 0.5 miles away and can be accessed by foot in just under 15 minutes. Access to Claremont Road is directly off the A167 (M). The A167 provides routes both North and South and connects with the A696, which allows Newcastle Airport to be accessed in 10 minutes. Newcastle has excellent public transport links. The metro service provides routes throughout Tyne and Wear. Newcastle also has a bus services which providing access to the wider north-east region Prime Edge of City Centre redevelopment opportunity. Currently presenting as a mix of office and residential with car parking.
Existing Office/residential buildings of 3,403 sq ft Set across 4 floors 5 car parking spaces to the south of the property Strategically located in student residential area Directly adjacent to Newcastle University and a short walk from Northumbria University Available with Full Vacant Possession 3 & 4 North Terrace comprise two, mid-terraced four storey brick-built office/residential buildings on Claremont Road in Newcastle Upon Tyne. 3 North Terrace has office accommodation on the lower three floors with residential accommodation on the top floor. 4 North Terrace has office accommodation on the lower ground level and one-bedroom flats on the upper three levels.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
5,062 SF
Building Class
B
Year Built
1990
Price
$800,726 CAD
Price Per SF
$158.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,687 SF
Building FAR
1.42
Lot Size
0.08 AC
  • Listing ID: 36072560

  • Date on Market: 2025-06-02

  • Last Updated:

  • Address: 3 & 4 North Ter, Newcastle Upon Tyne NE2 4AD

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