Commercial Property For Sale
Investments
Commercial Property Investment
Westerhope
£90,000 (Freehold)
REF: NE2165
Location
This investment property is located at a busy and prominent junction on the roundabout where Stamfordham Road meets Newbiggin Lane, close to the centre of Westerhope.
This suburb of Newcastle upon Tyne is a popular residential area located to the west of the City. There is a good local infrastructure with a mixed demographic comprising mainly private residential housing. Access is simple via the A1 Western Bypass and there are good public transport links.
Property
Comprises a single storey ground floor lock up unit extending to 23 sq.m. (250 sq.ft.).
Reception 6.3 sq.m. (68 sq.ft.)
Main Office 10.6 sq.m. (114 sq.m.)
Kitchen 6.3 sq.m. (68 sq.ft.)
W.C.
A parking space is also included in the title.
Occupational Lease
Occupied by Julie-Anna Defraine, trading as an Estate Agent, on a 6 year lease dated from 25th August 2025. The current passing rent is £7,200 per annum with a rent review and break clause at the 3rd anniversary.
Tenure
The title is freehold (TY110938).
EPC
Rating – not applicable.
Services
We understand that electricity, water and drainage are connected to the property.
Business Rates
Rateable Value £1,050
Rates free incentives subject to status.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
Legal Costs
Each party will be responsible for their own costs.
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