377-377a Stamfordham Road, Westerhope
Savills commercial SOLD

377-377a Stamfordham Road, Westerhope, Newcastle upon Tyne, NE5 2LH

£620,000 Score 5.5/10

Opportunities

  • Development potential
  • £147/sqft
  • 7.7% GIY

Risks

  • 19% above market avg

Lot details

  • To be offered on Wednesday 22 April
  • A two storey freehold medical centre
  • Let on a 21 year lease expiring 20.11.2045
  • NHS backed income
  • Development potential (subject to necessary consents)
  • Benefitting from 6 space car park at the rear
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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.