Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

12 Main Street, Crawcrook, Ryton, NE40

Guide Price
£1,450,000

£377.31 per sq ft

Business rates & charges may apply

Knight Frank, Newcastle - Commercial
SIZE AVAILABLE

3,843 sq ft

357 sq m

SECTOR

Shop for sale

Key features

  • Investment

Description

Asking Price £1450000.00

• Prominently situated in the commercial centre of Crawcrook Gateshead
• Relocation from existing store which has been in operation 30+ years.
• Limited convenience store competition in Crawcrook
• Newly developed unit extending to 357.03 sq m (3,843 sq ft)
• Securely let entirely to a national covenant in The Co-operative Group Food Ltd
• Turnover in excess of £8 billion & Dun & Bradstreet Rating of 5A1
• 5 yearly, CPI linked rent reviews (collar and cap of 1% & 3% respectively)
• Term certain of 15 years without breaks
• Initial rent of £80,000 per annum
• Reversionary rent of £92,742 per annum from year 5 based on anticipated compound uplift


Crawcrook occupies a semi-rural setting in the western portion Gateshead. With a population of approximately 9,000 (2021 census), it offers a vibrant village atmosphere balanced with green spaces and quiet residential areas.

Gateshead's metropolitan borough offers access to a local population of around 202,000 (2021 census), while the combined urban area of Gateshead and Newcastle boasts a substantial 595,000 residents (2021 census).

Main Street is the commercial hub with local shops, pubs, and cafés with a welcoming community spirit.

Comprehensive range of shops, schools, healthcare facilities, and leisure options.

Village park with play areas, bowling green, and tennis court. Easy access to scenic walks along Hadrian's Wall and Keelman's Way.

Crawcrook provides a village setting with convenient connections to urban amenities.

Brochures

12 Main Street, Crawcrook, Ryton, NE40

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wylam Station1.2 miles
  • Blaydon Station3.0 miles
  • Prudhoe Station3.1 miles

About Knight Frank, Newcastle - Commercial

St Anns Quay, 124 Quayside, Newcastle Upon Tyne, NE1 3BD

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference NCC012402896. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank, Newcastle - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Email

Call

Email