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45-51 Clayton St

16,273 SF Retail Building Newcastle Upon Tyne NE1 5PW $4,456,274 CAD ($274 CAD/SF) 6% Cap Rate

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
$4,456,274 CAD
Price Per SF
$274 CAD
Cap Rate
6%
NOI
$267,376 CAD
Tenancy
Single
Building Height
5 Stories
Slab To Slab
10’
Frontage
76 ft on Clayton St

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Sainsbury's
Caffe Nero
Pret A Manger
West Cornwall Pasty Co
Costa Coffee
AMT Coffee
Starbucks
Heron Foods
German Doner Kebab
Nando's
  • Listing ID: 31749839

  • Date on Market: 2024-05-09

  • Last Updated:

  • Address: 45-51 Clayton St, Newcastle Upon Tyne NE1 5PW

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