1. Property photo 1 of 12 External
  2. Property photo 2 of 12 Shop Room
  3. Property photo 3 of 12 Shop Room

£55,000

(£1.00/sq. ft)

Retail premises for sale
High Street East, Newcastle Upon Tyne NE28

    • 55,000 sq. ft

Added on 17/03/2025

About this property

  • Commercial Unit

  • Fantastic Potential Rental Returns

  • Ideal Property for Retail Shop

  • Kitchen Space

  • Investment potential detailed below (Let Property Pack)

This is a commercial retail shop space located in Newcastle Upon Tyne which is currently vacant but would be perfect for a local business looking to expand their operation.

For investors looking for a rewarding long term investment, this is a brilliant opportunity!

The property features a main area for primary business operations, a communal kitchen space and a city centre location that is perfect for those that need to commute.

Investment details

The property rent could be set to a market rate of £6600 with long term tenants situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

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Monthly repayment

£275 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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