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49-53 Leazes Park Rd 2,025 SF 100% Leased Retail Building Newcastle Upon Tyne NE1 4PG For Sale

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INVESTMENT HIGHLIGHTS

  • High footfall location
  • Prominent glass frontage
  • Two retail units

EXECUTIVE SUMMARY

The property is arranged over a ground and first floor. The ground floor comprises of two retail showrooms with associated storage space, and the first floor has separated office spaces, a kitchen area, and W/C facilities.
The ground floor unit on the Northern side of the property is a small boutique retail premises, whereas the retail premises connected to the southern side enjoys a larger space, however, is currently being used as a workshop. The ground floor unit on the southern side has a lot of potential for a variety of retail occupiers.
The first floor provides office accommodation within the two storey, end terrace property. Externally the property is well presented and of traditional construction.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,025 SF
Year Built
1900
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Parking
10 Spaces (4.94 Spaces per 1,000 SF Leased)
Frontage
34’ on Leazes Park Rd

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

Costa Coffee
Chicken Cottage
Turtle Bay
Pho
Starbucks
Sainsbury's
ASDA
Caffè Nero
Whittard of Chelsea
Pure Gym
  • Listing ID: 30538899

  • Date on Market: 1/5/2024

  • Last Updated:

  • Address: 49-53 Leazes Park Rd, Newcastle Upon Tyne NE1 4PG

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