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COMMERCIAL

231 Westgate Road, Newcastle Upon Tyne

£149,950
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Retail Property (high street)

SIZE

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Key features

  • Two storey freehold salon
  • Open-plan salon with treatment room
  • Floor area 56.80 sq. m. (611 sq. ft.)
  • Prominent Westgate Road (A186) main road location
  • Ideal for investors or owner operators
  • Walking distance to Newcastle city centre
  • On street parking
  • Eligible for 100% small business rates relief

Description

Two storey freehold salon. Open-plan salon with treatment room. Floor area 56.80 sq. m. (611 sq. ft.). Prominent Westgate Road (A186) main road location. Ideal for investors or owner operators. Walking distance to Newcastle city centre. On street parking. Eligible for 100% small business rates relief.

Price £149,950 Freehold
Ref I398



Location
The property is located on Westgate Road (A186) which links Newcastle city centre to the A1 and the A69, it is within walking distance of Newcastle city centre. Westgate Road comprises predominantly retail units on the ground floor with a mixture of residential and offices on the upper levels. Adjacent Westgate Road is the 24-acre former Newcastle Brewery site which is being redeveloped it currently has Science, Businesses and residential apartments on with much more to come.

Description
An excellent opportunity to acquire a well-presented mid-terrace, two-storey commercial property situated in a prominent and established location on Westgate Road.

The property comprises a traditional brick-built mid-terrace building beneath a pitched roof. The ground floor is arranged as an open-plan salon space, currently configured with four cutting stations and two backwash chairs, providing a bright and functional working environment. To the rear of the ground floor there is a useful storage area together with WC facilities. Stairs lead to the first floor, which comprises a separate treatment room offering additional flexible space suitable for beauty treatments, consulting use, office space, or alternative business functions.

The property benefits from double glazed windows throughout and is electrically powered (no gas supply). It is currently owner-occupied and trading successfully as a hair salon, with the sale arising due to the proprietor’s retirement. The premises would suit a variety of alternative uses (subject to obtaining the appropriate use class consent), and may also appeal to investors seeking a well-located commercial asset with strong letting potential.

Floor Area 
56.80 sq. m. (611 sq. ft.)

Tenure
Freehold

Price
£149,950

Viewing
Strictly by appointment through this office.

Rateable Value
The 2026 Rating List entry is Rateable Value £5,200
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.

Brochures

Property BrochureFull Details

231 Westgate Road, Newcastle Upon Tyne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St James Station0.3 miles
  • Newcastle Central Station0.4 miles
  • Manors Station0.9 miles
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About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 15 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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