Retail Space /TWR /Tyne And Wear County /Newcastle Upon Tyne /222 Westgate Rd
Retail Space /TWR /Tyne And Wear County /Newcastle Upon Tyne /222 Westgate Rd

222 Westgate Rd - Storefront Retail/Residential FOR SALE


Newcastle Upon Tyne, TWR NE4 6AE | 
$405,000 USD
079-686-1894
222 Westgate Rd, Newcastle Upon Tyne, TWR for Sale
$405,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 8.48% Cap Rate
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222 Westgate Rd
Newcastle Upon Tyne, TWR NE4 6AE

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HIGHLIGHTS

  • Adjacent to The Helix; a major city centre regeneration project
  • Value-add opportunities through development
  • Newcastle is a two University city with a student population in excess of 50,000

OVERVIEW

Retail and residential investment opportunity located in Newcastle city centre Offers in excess of £405,000 (exclusive of VAT) reflecting a net initial yield of 8.48% assuming standard purchasers’ costs.

FOR SALE DETAILS

PRICE

$405,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

8.48%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,485 SF

ZONING

-

APN/PARCEL ID

TY209814

ASK ABOUT THIS PROPERTY

Daniel CapobassoDelta Capital Property InvestmentMore Info
079-686-1894

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Daniel CapobassoDelta Capital Property InvestmentMore Info
079-686-1894

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