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19-31 High St E

7,254 SF 100% Leased Retail Building Wallsend NE28 8PA $1,024,980 ($141/SF) 9% Cap Rate

Retail Space Tyne And Wear Wallsend 19-31 High St E, Wallsend, TWR NE28 8PA

Investment Highlights

  • Parking and Loading at the rear
  • Transport facilities
  • Located within central Wallsend within the town centre

Executive Summary

The property consists of a block of mixed-use space containing of 4 commercial (retail) units as well as 4 self-contained 1 bed flats.
Offers over £825,000 reflecting a blended yield of 9.25% and assuming usual purchaser's costs of 5.53 %.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
7,254 SF
Building Class
B
Year Built
1903
Price
$1,024,980
Price Per SF
$141
Cap Rate
9%
NOI
$92,248
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.12
Lot Size
0.15 AC
Frontage
71 FT on High Street East

Amenities

  • Storage Space

Links

1 of 1

Nearby Major Retailers

Iceland
Costa Coffee
ALDI
ASDA
Nisa
Lidl
+44 7713 151970

Contacts

  • Listing ID: 33375782

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 19-31 High St E, Wallsend NE28 8PA

The Retail Property at 19-31 High St E, Wallsend, NE28 8PA is currently available for sale. Contact @retail for more information.

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19-31 High St E
+44 7713 151970 x

19-31 High St E

1/2

Peter Townsend

+44 7713 151970

+44 7713 151970

Oliver Sunderland

+44 191 280 4120

+44 191 280 4120

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