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45-51 Clayton St 16,273 SF 100% Leased Retail Building Newcastle Upon Tyne NE1 5PW $3,408,316 ($209.45/SF) 7% Cap Rate
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%
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
$3,408,316
Price Per SF
$209.45
Cap Rate
7%
NOI
$238,582
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
10’
Frontage
Amenities
- Bus Line
- Signage
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
45-51 Clayton St
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