25-31 Clayton Street, Newcastle Upon Tyne, NE1
£117.34 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
12,783 sq ft
1,188 sq m
- SECTOR
High street retail property for sale
Key features
- Sale&Leaseback Investment Opportunity
- Inital passing rent for pub at £65,000
- Annual RPI Reviews (2% -4%)
- Development of Residential apartments
- 18 bedrooms with potential of £108,000 per annum
Description
Key Investment Highlights:
Secure Anchor Tenant: Let to Stonegate Pub Company, the UK’s largest pub operator (4,000+ venues), on a 20-year leaseback, providing an initial income of £65,000 per annum. Attractive Indexed Rent Reviews (annual 2–4%).
Additional Income Potential: Four self-contained student flats across 18 bedrooms, with a conservative estimated rental value of £108,000 per annum when fully let.
Total potential income of £173,000 per annum.
Value-Add Opportunity: Significant potential to enhance returns through refurbishment of the upper floors.
Asking Price: Offers in excess of £1,500,000, reflecting a low capital value of £117.34 psf.
25-31 Clayton Street, Newcastle Upon Tyne, NE1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St James Station0.2 miles
- Newcastle Central Station0.3 miles
- Manors Station0.4 miles
Notes
Disclaimer - Property reference CMR250158. 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 Bradley Hall, Newcastle Upon Tyne. 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.
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