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7 Hexham Old Rd

11,868 SF Industrial Building Ryton NE40 3JQ $187,942 ($16/SF)

Investment Highlights

  • Residential redevelopment project
  • New roof with velux windows recently installed
  • Excellent investment opportunity

Executive Summary

We are delighted to offer to the market this detached three storey former Co-op building. Our clients have obtained full planning permission to convert the property into 6 x 2 Bed Flats, 2 x 1 Bed Flats & 1 x 2 Bed House. Commencement of works are already well under way with many of the materials are on site. This includes a full new roof with Velux windows on the East wing of the building and internal block work. Foundations and pipe work have already been installed for the extension plus much more.

Property Facts Sale Pending

Price $187,942
Price Per SF $16
Sale Type Investment
Sale Conditions Redevelopment Project
Tenure Freehold
Property Type Industrial
Property Subtype Distribution
Lot Size 0.24 AC
Rentable Building Area 11,868 SF
No. Stories 3
Year Built 1910
Tenancy Single
  • Listing ID: 30280374

  • Date on Market: 12/5/2023

  • Last Updated:

  • Address: 7 Hexham Old Rd, Ryton NE40 3JQ

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