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45-51 Clayton St 16,273 SF 100% Leased Retail Building Newcastle Upon Tyne NE1 5PW $4,560,377 CAD ($280.24 CAD/SF) 7% Cap Rate

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

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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
Building Class
C
Year Built
1884
Price
$4,560,377 CAD
Price Per SF
$280.24 CAD
Cap Rate
7%
NOI
$319,226 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
10’
Frontage
76’ on Clayton St

Amenities

  • Bus Line
  • Signage
1 1

Nearby Major Retailers

Revolution
Pret A Manger
Caffe Nero
Costa Coffee
Starbucks
Sainsbury's
Slug & Lettuce Newcastle Central
Nando's
German Doner Kebab
Zizzi
+44 191 743 0134

Still interested?

Contact the broker for more information about this property

Contact

  • James Metcalf
    James Metcalf

  • Listing ID: 31749839

  • Date on Market: 2024-05-09

  • 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.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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45-51 Clayton St
+44 191 743 0134 x

45-51 Clayton St

James Metcalf
+44 191 743 0134

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