AVAILABLE
Newcastle City Centre Asset with Significant Value-Add Potential
Price:
£1,250,000
9,411 sq ft
Rare opportunity to acquire a freehold development opportunity in Newcastle city centre
Available with full vacant possession providing an immediate opportunity for adding value
Close to universities, station and prime city centre shops and amenities
Total floor area of 874.37 sqm / 9,411 sq ft
Ground floor and basement part let to Quayside News at £20,000 pa
Significant opportunity to redevelop the upper floors
Freehold
We are instructed to seek offers in excess of £1,250,000 (One Million, Two Hundred & Fifty Thousand Pounds) reflecting a capital value of only £133 psf.
Property Details
Location Details
Newcastle upon Tyne
Sector
Development, Retail, Residential, Office, Student Accommodation
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An outstanding opportunity
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