Shields Road, Newcastle Upon Tyne , NE6 1DU

Shields Road, Newcastle Upon Tyne , NE6 1DU

£199,500
Commercial
Available
About this Property
30 March 2026
31 March 2026
Available
£199,500
Traditional
Commercial
Description

This substantial end-terrace, three-storey commercial property is fully let and consists of two self-contained units. The ground floor unit, occupied by a homeware, travel, and commercial retailer, extends to approximately 1,950 sq. ft. (181 sq. m.) and includes a retail sales area, storage, kitchen, and WC facilities. The first and second floors are occupied by a solicitors' office, providing a total floor area of approximately 3,290 sq. ft. (305.65 sq. m.), which includes various offices, meeting rooms, storage areas, kitchen, and WC facilities. The property generates a rental income of £31,000 per annum, offering an attractive yield of 15.5% based on a guide price of £199,950. Located on Shields Road, a busy suburb of Newcastle upon Tyne, the property benefits from high footfall and is situated opposite a swimming pool. Nearby retailers include both local independents and national high street brands. The area is well served by public transport, with regular bus services and a metro station. The property is freehold and includes designated parking to the rear.

Location
Map location for Shields Road, Newcastle Upon Tyne , NE6 1DU
More Information
Freehold
Planning Authority
Newcastle upon Tyne LPA

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