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3/3a Clayton Road, Jesmond, NE2

Guide Price
£425,000

£297.83 per sq ft

Business rates & charges may apply

Bradley Hall, Newcastle Upon Tyne
SIZE AVAILABLE

1,427 sq ft

133 sq m

SECTOR

High street retail property for sale

Key features

  • Rare Fully Let Opportunity
  • Prime Jesmond Location
  • Total £24,640 passing rent
  • NIY 5.56%

Description

The Opportunity

3/3A Clayton Road presents a rare opportunity to acquire a fully let mixed-use investment in the heart of Jesmond, one of Newcastle upon Tyne's most affluent and sought-after suburbs. The property comprises a well-presented ground floor retail unit with self-contained upper floor two bedroom residential accommodation, occupying a prominent position on the established Clayton Road retail parade.

Jesmond

Situated in the heart of Jesmond, one of Newcastle upon Tyne's most desirable and affluent suburbs, 3/3A Clayton Road occupies a prime position on a thriving retail parade. The location benefits from a vibrant mix of independent retailers,
cafés, restaurants and convenience operators, attracting strong levels of footfall from an affluent residential population, young professionals and the substantial
student community.The property is approximately 1.5 miles from Newcastle city centre and benefits from excellent connectivity via Jesmond Metro Station and the nearby A167(M), providing direct access to the wider regional motorway network. With its established commercial environment, excellent transport links and consistently strong occupier demand, the location offers an attractive investment opportunity underpinned by long-term rental growth potential and enduring tenant appeal.

Ground Floor Retail Jesmond Wine Company
Limited

5-year lease from 1stJuly 2026 expiring 30th June 2031
Year 1-3 at £11,500 pa(£39.35 Zone A)
Year 4-5 at £12,500 pa (£42.77 Zone A)

First Floor Apartment Professional occupiers Rolling £13,140pa
£1,095 pcm

Combined £24,640 per annum.

OFFERS SOUGHT on excess of £425,000, which would reflect a Net initial yield 5.56%, with reversionary yield to 6.45% after
standard purchaser's costs.

VAT

The property is not elected for VAT.

Strictly by appointment through sole agent Bradley Hall — contact details below.



Brochures

3/3a Clayton Road, Jesmond, NE2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Jesmond Metro Station0.4 miles
  • West Jesmond Metro Station0.6 miles
  • Manors Station0.8 miles

About Bradley Hall, Newcastle Upon Tyne

33-39 Grey Street, Newcastle Upon Tyne, NE1 6EE

Notes

These notes are private, only you can see them.

Disclaimer - Property reference CMR260212. 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.