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45-51 Clayton St
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45-51 Clayton St
16,273 SF Retail Building Newcastle Upon Tyne NE1 5PW $3,772,200 ($232/SF) 5% Cap Rate
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INVESTMENT HIGHLIGHTS
- Corner of Clayton Street and Nun Street
- Close to local amenities
- Ground and 2 upper floors
EXECUTIVE SUMMARY
Property available for sale, offers in excess of £3,000,000 which reflects a net initial yield of 6% on income and £57 per sq ft on the vacant space after deduction of purchaser’s costs of 6.45%
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
16,273 SF
Year Built
1884
Price
$3,772,200
Price Per SF
$232
Cap Rate
5%
NOI
$188,610
Tenancy
Single
Building Height
5 Stories
Slab To Slab
10’
Frontage
AMENITIES
- Bus Line
- Signage
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NEARBY MAJOR RETAILERS
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45-51 Clayton St
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