Westerhope Medical Group, 377-377a Stamfordham Road, Newcastle Upon Tyne
Guide Price
£600,000
£142.42 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,213 sq ft
391 sq m
- SECTOR
Healthcare facility for sale
Key features
- A two storey freehold medical centre
- Let on a 21 year lease expiring 20.11.2045
- NHS backed income
- Development potential (subject to necessary consents)
- Benefitting from 6 space car park at the rear
- NIA approx. 4,213 sq ft (391.4 sq m)
- Investment let at £47,478 p.a. (7.91% GIY on Guide Price)
Description
The property comprises a freehold medical centre arranged across ground floor and first floor and benefits from a rear car park with 6 spaces.
The property is located in Westerhope, a suburb approximately 3.5 miles north-west of Newcastle upon Tyne. The area is predominantly residential, with a mix of leisure facilities and retail/commercial uses.
Transport
The property sits on the B6324 Stamfordham Road within a mixed-use area, with nearby independent and national retailers as well as community and hospitality uses. Newcastle’s main railway station, approximately 3 miles east of the property, provides regular services across the UK via the wider rail network.
The property is located in Westerhope, a suburb approximately 3.5 miles north-west of Newcastle upon Tyne. The area is predominantly residential, with a mix of leisure facilities and retail/commercial uses.
Transport
The property sits on the B6324 Stamfordham Road within a mixed-use area, with nearby independent and national retailers as well as community and hospitality uses. Newcastle’s main railway station, approximately 3 miles east of the property, provides regular services across the UK via the wider rail network.
Westerhope Medical Group, 377-377a Stamfordham Road, Newcastle Upon Tyne
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bank Foot Metro Station1.1 miles
- Kingston Park Metro Station1.2 miles
- Fawdon Metro Station2.1 miles
Notes
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