Callerton Rise, Stamfordham Road, Newcastle Upon Tyne, Tyne And Wear, NE5 1DH
Size
8,250
Tenure
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EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Prime, Roadside Convenience Anchored Retail Investment
- Secure tenant line up with Co-operative Group Food, Greggs and Harrison Family Vets
- Total income of £184,750 per annum
- WAULT to expiry of 15.12 years & 13.84 years to break
- Reversionary yield of 6.30% & 7.30% in March 2031 and 2036 respectively
- Net initial yield of 5.50%, assuming standard purchaser's costs of 6.47%.
Description
- Newly constructed with PC expected late April 2026
- Secure tenant line up with Co-op, Greggs, Harrison Vets
- High specification development extending to 8,250 ft
- WAULT to expiry of 15.15 years & 13.84 years to break
- Indexation across the Co-op & Greggs income
- Asking offers in excess of £3,155,000 reflecting a NIY of 5.50%
- Reversionary yield profile of 6.30% & 7.30% in March 2031 and 2036 respectively
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Callerton Rise, Stamfordham Road, Newcastle Upon Tyne, Tyne And Wear, NE5 1DH
About HTA REAL ESTATE LIMITED, Newcastle
HTA Real Estate are commercial property consultants based in the North East of England, specialising in industrial and logistics warehousing and land for sale or to let. From our base in Newcastle upon Tyne we cover Northumberland, Durham, Teesside and Tyne & Wear, including North Tyneside, Newcastle, Gateshead, Team Valley Trading Estate, South Tyneside, Washington and Sunderland.
We also provide investment and development advice along with assisting occupiers to acquire industrial and logistics properties and land in the North East region.
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Disclaimer - Property reference 1495FH. 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 HTA REAL ESTATE LIMITED, Newcastle. 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.