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Investment Highlights

  • A two storey freehold medical centre
  • Great location
  • Benefitting from 6 space car park at the rear.

Executive Summary

Lot 234 is available by way of Savills Online Auction 22nd April 2026
A two storey freehold medical centre benefitting from NHS backed income.
Comprises approximately 4,213 sq ft (391.4 sq m) NIA. Let on a 21 year lease with 19 Years Unexpired (20.11.2045).
Investment let at a minimum rent of £47,478 per annum.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Subtype
Medical
Building Size
4,213 SF
Building Class
C
Year Built
1987
Price
$1,117,798 CAD
Price Per SF
$265.32 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,107 SF
Building FAR
0.84
Lot Size
0.11 AC
Parking
6 Spaces (1.42 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Listing ID: 40160218

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 377-377A Stamfordham Rd, Newcastle Upon Tyne NE5 2LH

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