1. Realla
  2. Commercial property for sale
  3. North Tyneside
  4. Tyne and Wear
  5. Newcastle upon Tyne
  6. Newcastle City Centre

71 Grainger St, Newcastle Upon Tyne

Commercial property for sale in Newcastle upon Tyne, Newcastle Upon Tyne

£195,000 / 4,016 sq ft

by Pattinson Commercial
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Full address
71 Grainger St, Newcastle Upon Tyne NE1 5JE – Newcastle upon Tyne
Asking price
£195,000

Sale details

There is 1 space available. This measures 4,016 sq ft.

Sale unit Available

Unit
Sale unit
Size
4,016 sq ft
Price
£195,000
Price per sq ft
£48.56
  • Our instructions are to sell this city centre mixed use business, located within a redeveloped Victorian building within Newcastle city centre that is leased from a third party.
  • To the ground floor is a convenience store, and to the upper floors are a hostel/bunkhouse style business, five permanent studio flats and two massage rooms.
  • The flats and massage rooms are all let and generating an income of £41,600PA.
  • The turnover of the convenience store and hostel business can be discussed with the owner upon serious enquiry.
Sale type Investment
Tenure Freehold
Number of storeys
4
Total building area
4,016 sq ft
Rentable building area
4,016 sq ft
Construction material
Masonry
Year built
1925
Parking
Surface, Covered

Map & nearby

71 Grainger St, Newcastle Upon Tyne

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This hospitality building for sale is located in Newcastle upon Tyne.

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Meet the team

Pattinson Commercial

  • Ajibola Owulade
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0117 496 0000

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Pattinson Commercial. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson Commercial for full details and further information. 9431586