Commercial Properties For Sale in The Leazes, Newcastle Upon Tyne

Landmark Leisure Investment Opportunity

Built in 1908 by Newcome and Newcombe for Alliance Assurance 2 - 4 Mosley Street is an impressive Grade II listed former bank. It comprises a large banking hall with attractive floor to ceiling wooden panelling accessed via the main entrance. There are three further floors of offices accessed via a separate self contained entrance off Mosley Street along with a lift to all floors. The property is of stone construction beneath a slate pitched roof. It is recognisable for its ornate Palladian style facade.

Rare opportunity to acquire a freehold development opportunity in Newcastle city centre. Available with full vacant possession providing an immediate opportunity for adding value. Close to universities, station and prime city centre shops and amenities. Freehold property.

Freehold. Hospitality sale and leaseback opportunity. New lease with Cameron's Brewery Limited. Gross rental income of £45,000 p.a. Net Initial Yield: 9.57%. Site area: c.385.29 m. sq.

Virtual Freehold. Prime City Centre Location. Excellent visibility and footfall. Close to other bars and restaurants. Sold as going concern or vacant possession. Fully Licensed