3 & 4 North Ter - Office FOR SALE


Newcastle Upon Tyne, TWR NE2 4AD
$430,000 USD
3 & 4 North Ter, Newcastle Upon Tyne, TWR for Sale
$430,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

3 & 4 North Ter
Newcastle Upon Tyne, TWR NE2 4AD


HIGHLIGHTS

  • Prime Edge of City Centre redevelopment opportunity
  • 5 car parking spaces to the south of the property
  • Strategically located in student residential area, directly adjacent to Newcastle University and a short walk from Northumbria University
  • Available with Full Vacant Possession

OVERVIEW

The property is situated on Claremont Road and makes up part of North Terrace. The area immediately surrounding the subject property is predominantly residential with some commercial uses. Newcastle city centre is 0.5 miles away and can be accessed by foot in just under 15 minutes. Access to Claremont Road is directly off the A167 (M). The A167 provides routes both North and South and connects with the A696, which allows Newcastle Airport to be accessed in 10 minutes. Newcastle has excellent public transport links. The metro service provides routes throughout Tyne and Wear. Newcastle also has a bus services which providing access to the wider north-east region Prime Edge of City Centre redevelopment opportunity. Currently presenting as a mix of office and residential with car parking. Existing Office/residential buildings of 3,403 sq ft Set across 4 floors 5 car parking spaces to the south of the property Strategically located in student residential area Directly adjacent to Newcastle University and a short walk from Northumbria University Available with Full Vacant Possession 3 & 4 North Terrace comprise two, mid-terraced four storey brick-built office/residential buildings on Claremont Road in Newcastle Upon Tyne. 3 North Terrace has office accommodation on the lower three floors with residential accommodation on the top floor. 4 North Terrace has office accommodation on the lower ground level and one-bedroom flats on the upper three levels.

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,569 SF

ZONING

-

APN/PARCEL ID

ND14328,ND14424

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