BHF 51 - 59 Shields Road Byker Newcastle NE6 1DJ

BHF
51 - 59 Shields Road
Byker
Newcastle
NE6 1DJ

Freehold Retail Investment

Entirely let to British Heart Foundation until 2024 (no breaks)
Located within busy Newcastle upon Tyne suburb, 1 mile east of city centre
Nearby occupiers include Morrisons, Wilko, Barclays Bank, Greggs and JD Wetherspoon

Lot
102
Auction
18th October 2018
Rent
£56,000 per Annum Exclusive
Status
Sold
Price
£500,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail Investment

Entirely let to British Heart Foundation until 2024 (no breaks)
Located within busy Newcastle upon Tyne suburb, 1 mile east of city centre
Nearby occupiers include Morrisons, Wilko, Barclays Bank, Greggs and JD Wetherspoon

Lot 102
Auction 18th October 2018
Rent £56,000 per Annum Exclusive
Status Sold
Price £500,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 1 mile east of Newcastle city centre
Roads: A167(M), A1, A193
Rail: Newcastle Central, Manors Railway Station, Byker Metro
Air: Newcastle Airport

Situation

The property is prominently located 1 mile east of Newcastle city centre, on the northern side of the busy Shields Road (B1312) next to a large Morrisons supermarket. Other nearby occupiers include Wilko, Barclays Bank, Greggs and JD Wetherspoon.

Tenure

Freehold.

Location

Miles: 1 mile east of Newcastle city centre
Roads: A167(M), A1, A193
Rail: Newcastle Central, Manors Railway Station, Byker Metro
Air: Newcastle Airport

Situation

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation and first floor ancillary accommodation.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.