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Commercial Property In South Gosforth, Newcastle Upon Tyne For Sale

Newcastle Upon Tyne, Tyne and Wear, UK
Asking Price:
£145,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Well-presented ground-floor retail unit. Currently fitted as salon but available for a variety of alternative uses. Net internal area 81.5 sq. m (877 sq. ft.). Prime position on Station Road in the heart of South Gosforth. Well-presented and modern accommodation throughout. Ideal for investors or owner-occupiers. Eligible for Small Business Rate Relief. Tenure 999-year lease.

Price £145,000 (999-year lease)

Ref I523

Location

The property is prominently located on Station Road in the heart of South Gosforth, a popular and affluent suburb of Newcastle upon Tyne. The area benefits from a strong mix of independent retailers, cafés, restaurants and local businesses, together with excellent transport links via South Gosforth Metro Station and nearby access to the A1058 Coast Road and A1 motorway. The surrounding residential area provides a strong local customer base and consistent passing footfall.

Description

This attractive mid-terrace ground-floor retail unit offers a bright, versatile space in a prominent position on Station Road, South Gosforth. Extending to approximately 81.5 sq. m (877 sq. ft.), the property is currently arranged as a contemporary salon, featuring an open-plan layout with six cutting stations, three back-wash units, a private beauty room, kitchen/staff area, and WC facilities.

The interior benefits from modern décor, wood flooring, and excellent natural light through a full-width glazed frontage, creating an inviting environment suitable for a range of uses. Fixtures and fittings associated with the salon can be retained or removed as required, offering flexibility for alternative occupiers.

The property would suit a variety of purchasers, including owner-occupiers, investors, or businesses seeking a well-presented retail or professional space in a busy suburban location. Please note: the gas supply will be capped from the first-floor flat upon sale. A new 999-year lease will be granted following subdivision of the title.

Floor Area

81.5 sq. m (877 sq. ft.),

Tenure

The title is to be split, with a new 999-year lease to be issued.

EPC Rating

E

Viewing Arrangements

Strictly by appointment through this office.

Rateable Value

The 2026 Rating List entry is Rateable Value £10,000

As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.