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90-92 Clayton St 3,968 SF 100% Leased Retail Building Newcastle Upon Tyne NE1 5PG $1,248,304 ($314.59/SF) 9.22% Cap Rate
Investment Highlights
- Newcastle city centre Freehold opportunity
- Close to universities and prime city centre shops and amenities
- Located in the heart of Newcastle city centre
Executive Summary
Newcastle city centre freehold opportunity located in the heart of the city. Fully let with total passing rent of £76,490 per annum with pre-agreed increase to £81,572 pa next year.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,968 SF
Building Class
C
Year Built
1820
Price
$1,248,304
Price Per SF
$314.59
Cap Rate
9.22%
NOI
$115,109
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
10’
Building FAR
1.30
Lot Size
0.07 AC
Frontage
Amenities
- Bus Line
- Security System
- Signage
- Energy Performance Rating - E
- Automatic Blinds
- Storage Space
1 1
Nearby Major Retailers
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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90-92 Clayton St
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