Location
The Printworks occupies a prominent Newcastle city centre location on Bath Lane, close to Newcastle Helix, Chinatown and St James’ Park.
Investment Opportunity
The distinctive Grade II listed building is fully let, producing £70,000 per annum. Accommodation comprises retail and restaurant premises at ground and basement levels, with residential upper floors held on a long leasehold at a peppercorn rent.
Development Opportunity
The adjoining site benefits from implemented planning permission for 21 apartments over seven storeys, comprising 16 two-bedroom and five one-bedroom apartments.
The building and development site are available together or separately, at £700,000 and £550,000 respectively. Offers are invited in excess of £1,250,000 for the whole, exclusive of VAT and subject to contract
EPC
Unit 1: C (51)
Unit 2: C (63)
