Commercial properties for sale in Amelia Close, NE4
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For Sale (May Let) - High quality car dealership of 10,252 sq ft - Stadium Way comprises a high quality purpose built car dealership benefiting from a refubished showroom and high specification ancillary accommodation which can display 11 vehicles.
The property benefits from an ancillary showroom accommodation including offices, staff welfare and WC facilities. An additional office accommodation is provided at first floor. The parts department is accessible from the workshop and benefits from a mezzanine storage level. The workshop has seven service bays and is accessed via four electrically operated doors. Ancillary workshop accommodation includes staff welfare facilities. Arranged beside the workshop is a single independently accessed diagnostic bay. Externally, tarmacadam surfaced parking areas are to the front, side and rear of the property providing a total of 122 spaces and within the rear yard there is a valeting facility.
Offers are invited for the freehold interest and offers on a leasehold basis may be considered.
Stadium Way, Sunderland, SR5 1AT
Type: Showroom, Other Property Types & Opportunities
Property Type Investment Availability For Sale Size 3237 sqft Energy Performance Rating This property has been graded as C 73
LOCATION South Shields, with a population of approximately 83,000, is situated south of the River Tyne, some 11 miles east of Newcastle upon Tyne. Road communications are good, with the A1300 connecting to the A194 and hence the A1, whilst the Metro (light railway) provides frequent services to Newcastle city centre. The town centre is undergoing significant redevelopment with the £100m South Shields 365 project. This will provide a new retail, leisure and cinema development, a new transport interchange and improved public realm. The property is situated in a predominantly residential area on Dean Road, a busy local retail parade. Other occupiers include Ladbrokes, Stage Coach, public houses and numerous local occupiers. The store benefits from being surrounded by numerous local primary and secondary schools. The unit is within short walking distance of Chichester Metro Station and nearby The Port of Tyne.
KEY POINTS Prominently located convenience store Store benefits from a large public customer car park to rear The whole property is let for 16.5 years with no breaks to Martin McColl Limited Total current rents reserved £28,329 pa rising to £31,278 pa on 19th May 2025 Fixed uplifts at 2% pa compounded throughout offering guaranteed rental growth Low passing rent of only £8.50 per sq ft Offers in excess of £450,000 Net Initial Yield of 6.03%, with a Reversionary Yield of 6.65% The building is a brick built end of terrace two storey under pitched slate roof. The retail shop is arranged over the ground floor with ancillary and staff accommodation to the rear and in part of the first floor. The sales area provides a full range of grocery products, bakery, ATM and an off licence. There is a flat on the first floor/attic. This has been sold off on a long leasehold basis.
The premises benefits from a large public customer car park to the rear of the store.
Ground - Sales 1,318 sq ft 122 sq m Ground / First - Ancillary 1,919 sq ft 178 sq m Total NIA 3,237 sq ft 300 sq m Tenure Freehold. The first floor and attic flat has been sold off on a long leasehold.
Tenancy The whole property is let to Martin McColl Limited for a term of 16.5 years from 20th November 2019 on FRI terms and subject to fixed uplifts at 2% per annum compounded throughout. The passing rent is £27,500 per annum. The vendor will top up the rent to £28,329 per annum from completion until 19th May 2020 by way of a reduction in the purchase price.
Rental Uplifts Year Rent Reversionary Yield 19th May 2025 £31,278 pa 6.65% 19th May 2030 £34,533 pa 7.35%
Covenant McColl’s trade from over 1,600 stores throughout the UK with approximately three quarters of those being convenience stores and the remainder trading as newsagents. Their brands include McColl’s, Martin’s and R. S. McColl. For the year ending 26th November 2017 reported a turnover of £713.391 million, a pre-tax profit of £27.168 million and shareholder’s funds of £186.239 million.
The combined group has a turnover in excess of £1.1bn. It employs over 22,000 full and part-time staff and is visited by over 5 million customers every week. The company floated on the London Stock Exchange in 2014. Further information can be found at:
EPC The property has an EPC rating of C73. A copy of the EPC is available on our website.
VAT The property is elected for VAT which will be chargeable on the purchase price. It is anticipated the transaction is to be treated as a transfer of going concern (TOGC).
Proposal We are instructed to seek offers in excess of £450,000 (Four Hundred and Fifty Thousand Pounds) subject to contract for the freehold interest, which reflects a net initial yield of 6.03% assuming purchaser's costs at 4.47%.
Substantial Convenience Store Investment. Let for 16.5 years with no breaks.
Type: Residential, Retail
Mc Coll's Convenience Store, 166 Dean Road, South Shields, NE33 4AQGBTyne and WearNE33 4AQMc Coll's Convenience Store, 166, Dean Road
The property occupies a trapezium shaped site that is shown verged red on the attached plan. This is approximately 0.35 hectares (0.86 acres). The building occupies the central part of the site and comprises a two bay fabrication unit of steel frame construction with brick and blockwork elevations. The roof is double pitched with a profile metal deck covering that incorporates translucent roof lights. The eaves height is approximately 6 m (20 ft). At the southern end of each bay is an electric metal roller shutter loading door each with a width of approximately 5.5 m (18 ft) and a height of 6 m (20 ft). The eastern bay has a 3 and 5 tonne travelling crane. The western bay has 2 No 10 tonne travelling cranes.
To the south of the fabrication unit is a two storey annex, which is of brick construction with a mono pitched PVC coated profile metal deck roof covering and uPVC double glazed windows. This annex provides workshop stores and staff canteen / wc’s on the ground floor. On the first floor there is a central staircase with an open plan office and wc to the east and partitioned offices to the west. The offices have the benefit of air handling units that provide comfort cooling.
To the west of the main building is a more modern workshop annex, which is steel framed with brick and blockwork elevations to approximately 2 m (6 ft 6 in) above which is insulated profile metal cladding. The roof has an insulated profile metal deck covering and incorporates translucent roof lights. There is an electric roller shutter door on the south elevation measuring approximately 4 m (13 ft) by 5 m (16 ft 6 in). This space includes a 1 tonne side to side gantry crane.
LED lights are fitted and the property has a 50Kw solar energy system that generates a feed-in tariff of approximately £10,000 per annum until 2032.
Additional parking is available to the south of the estate access road as shown, for identification purposes only, verged blue on the attached site plan.
Former MKW Premises, Stargate Industrial Estate, Ryton, NE40 3EX
Type: Distribution Warehouse, General Industrial, Light Industrial, Warehouse, Storage, Industrial
Former MKW Premises Stargate Industrial Estate, Ryton, NE40 3EXGBTyne and WearNE40 3EXFormer MKW Premises, Stargate Industrial Estate
Residential investment property for sale comprising a total of 10 letting bedrooms, currently let until summer 2020 situated only 2 miles east of Newcastle city centre. Popular area with students and young professionals.
Residential Investment for Sale
Type: Other, Other Property Types & Opportunities
37 and 37a, Meldon Terrace, Heaton, Newcastle Upon Tyne, NE6 5XPGBNewcastle upon TyneNorthumberlandNE6 5XP80, Meldon Terrace
The property was constructed in 2005 and form part of a larger 5-storey building which comprises the subject property at ground and first floor level, and part of the adjoining Travelodge Hotel above - The property was constructed in 2005 and form part of a larger 5-storey building which comprises the subject property at ground and first floor level, and part of the adjoining Travelodge Hotel above the second, third and fourth floors. The properties western elevation is of glazed construction and contains the entrance to the office accommodation via both an 8 person passenger lift and a staircase. The properties eastern elevation is of stone construction and the whole property is under a curved, corrugated steel coated roof with double glazed windows.
The ground floor comprises two separate high quality restaurants, Café 21 (http://www.21newcastle.co.uk/) and The Silk Room (https://www.silkroomrestaurant.com/), which are of stone and glazed construction.
The total site extends to 1.97 acre comprising a former car showroom positioned to the east of the site, together with a self-contained large 3 bed bungalow to the west.
The showroom is approximately 7,300 sq ft which includes a steel frame industrial unit to the rear totalling circa 11,900 sq ft. Ancillary offices compliment the showroom with the total GIA of the whole scheme extending to 22,688 sq ft. ( Agency Pilot Software Ref: 2043373 )
Former Stratstone/Jaguar, Sunderland Road, Houghton Le Spring, DH4 4NJ
Type: Land, Commercial Land
Former Stratstone/Jaguar, Sunderland Road, Houghton Le Spring, DH4 4NJGBSunderland, Houghton Le SpringDurhamDH4 4HHSunderland Road
The property comprises a predominantly two storey building, above basement, with single storey extensions to the side and rear elevations. The Wharton Arms has stone and painted rendered elevations beneath a pitched tiled roof. Externally there is a beer garden to the rear elevation with seating on wooden benches for 36 customers.
The property comprises a two storey, above basement, detached building with a single storey extension to the rear elevation. The Times Inn has shingle and painted elevations beneath a pitched tiled roof. Externally there is a beer garden to the side elevation with seating on loose tables and chairs for 9 customers. The car park to the rear elevation has parking for approximately 15 vehicles.
The site comprises approximately 0.11 Ha (0.27 acres), is regular in shape and currently accommodates the former Club building which extends to circa 2,500 sq. ft. GIA. The property is located to the north of Sacriston village within County Durham. Sacriston offers semi-rural living whilst being within convenient driving distance to Durham City and Chester le Street which are located 5 miles to the south east and 4 miles north east respectively. Waldridge Country Park is located 2 miles to the north east.
- Excellent development or conversion opportunity - Close proximity to local amenities and public transport - Site area 0.11Ha (0.27 acres) - Offers invited by noon Wednesday 7th March 2018
For Sale - Excellent development or conversion opportunity
Type: Residential, Land, Commercial Land
Former Sacriston Catholic Club, Front Street, Durham, DH7 6ABGBCounty Durham, DurhamDurhamDH7 6ABFront Street
• A significant long term development opportunity on the fringe of Newcastle upon Tyne. • Comprising five agricultural farms (three Agricultural Holdings Act Tenancies and two Farm Business Tenancy). • 10 further residential properties (three held freehold and seven under the individual Agricultural Holding or Farm Business Tenancies). • Sporting Rights for the estate included in the Freehold. • Annual income of £286,137. • Previous ‘minded to grant’ planning for 2,000 home Garden Village. • Prominently situated 7 miles north west of Newcastle Upon Tyne and 1.5 miles from Newcastle International Airport.
For Sale as a whole, Individual lots may be considered.
A 2,523 acre Agricultural Estate, Ponteland, Newcastle
The Property is located fronting the B1297 highway, and backs onto the junction of Walter Street with Gowan Court, to the north of Jarrow town centre in Tyne and Wear. The immediate vicinity of the Property is mainly residential, comprising of a mix of terraced houses and flats. Jarrow town centre and Metro Station are located within approximately 500 metres to the south of the Property. Jarrow is located approximately 5 miles to the east of Newcastle Upon Tyne city centre.
The Property comprises a mainly 2 storey detached traditional pub with rendered elevations beneath a multi-pitched and slated roof. The pub stands on the eastern side of its site and has the benefit of a service yard / car parking area as well as a beer garden to the side. Internally, the main trading area is open plan with a central bar servery. There is an additional trading room with an adjacent kitchen to the rear. A function room with the benefit of its own bar servery is located at first floor level. A 2 bedroom manager's / staff flat is also located at first floor level. The beer cellar is located at basement level.
Golden Lion Inn, 14, Walter Street, JARROW, NE32 3PH
Type: Pubs/Bars/Clubs, Licensed & Leisure
Golden Lion Inn, 14 Walter Street, JARROW, NE32 3PHGBSouth Tyneside, JarrowDurhamNE32 3PH14, Walter Street
The property is a self-contained ground floor retail unit which has the benefit of a prominent glazed double frontage. There is also a small kitchen, WC facilities and large storage area to the rear. The unit is of high quality internally and as such an early viewing is recommended. ( Agency Pilot Software Ref: 2043397 )
137-141 Chillingham Road, Newcastle Upon Tyne, NE6 5XL
Type: General Retail, Retail
137-141 Chillingham Road, Newcastle Upon Tyne, NE6 5XLGBNewcastle upon TyneNorthumberlandNE6 5XL121, Chillingham Road
The premises are located within Prospect House; a two storey property of stone construction under a pitched slate roof. Planning has recently been granted for two ground floor retail units, one of which has A5 hot food takeaway consent in addition to living accommodation to the rear and on the upper floors. One 3-bedroom dwelling at first floor, one 2-bedroom dwelling at second floor in addition to three 2-bedroom dwelling and two 4-bedroom dwellings to the rear.
The property comprises two ground floor retail units, with a very well presented 3-bedroom flat on the upper floors and off-street car parking to the side of the building. The property is of pre-war tradition construction, with brick elevations under a pitched slate roof. Ground floor 90a comprises solid carpeted flooring, suspended ceiling with recessed lighting, electric rollershutter with kitchen and WC to the rear. Ground floor 90b is currently occupied by a dog grooming company at £7,000 per annum. The flat is accessed to the side of the building and comprises a well-presented and good sized 3-bedroom flat, with kitchen, lounge, bathroom and 3 bedrooms with full wet heating system, modern boiler and thickened, single glazed sliding sash windows.
An impressive two storey detached modern office building of brick construction with a pitched and hip tiled roof. The property incorporates a double height glazed corner reception area and has the benefit of powder coated metal windows and doors. Internal features includes carpeted raised access floors, suspended ceilings with recessed lighting and an 8 person passenger lift. Heating is provided by way of gas fired panelled radiators. The property comes with 12 allocated parking spaces.
Location: Gateshead Tenure: Freehold Footage: 3,494 sq ft Price: Asking Rent: £48,000 pa or OIEO of £450,000
Detached Modern Office
Type: Office, Offices
Unit 5, Staithes, The Watermark, Gateshead, Tyne and Wear, NE11 9SNGBTyne and WearNE11 9SNThe Watermark
67/69 King Street, South Shields, Tyne & Wear, NE33 1DH The property comprises a Grade II listed self-contained end terraced four storey building with accommodation arranged as ground floor sales with first, second and third floor storage. The ground floor benefits from a partially glazed prominent return frontage.
Location: Newcastle-upon-Tyne Tenure: Freehold Footage: 7,360 sq ft Price: Asking Rent £30,000 / Asking Price Offers over £300,000
Prime High Street Retail
Type: Retail - High Street, Retail
67-69 King Street, South Shields, Tyne and Wear, NE33 1DHGBTyne and WearNE33 1DHKing Street
NE4 6AP The property comprises a mid-terraced four storey building. The main walls are of solid brick construction and the roof is pitched with a slate roof covering which has been recently renewed. The property provides a ground floor retail area and on the upper floors is a spacious 6 bedroom flat with reception room, kitchen and 2 bathrooms. Planning permission was granted for the conversion and the building was extensively refurbished in 2014 (Planning Permission Ref. 2014/0709/01/DET).
Location: Newcastle-upon-Tyne Tenure: Freehold Price: Offers in excess of £350,000
Type: Retail, Flat, Residential
222 Westgate Road, Newcastle Upon Tyne, NE4 6APGBTyne and WearNE4 6AP222, Westgate Road
The property comprises an end terrace building with brick elevations under a flat roof and has been trading as an Italian restaurant since 1961. The property currently trades as Rosa Twelve. Internally the property comprises restaurant seating across basement, ground and first floors offering 150 covers, with kitchen and preparation areas over ground and basement. There is a private function suite at basement level with additional bar area.
Location: Gateshead Tenure: Freehold Footage: 330.82 sq ft Price: Offers in excess of £450,000
Leisure Investment producing £37,500 per annum
Rosa Twelve, 580-580a Durham Road, Gateshead, NE9 6HXGBTyne and WearNE9 6HXRosa Twelve, 580-580a, Durham Road