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Street View of 440-442 Welbeck Road, Newcastle, NE6 2NYStreet View
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Commercial Property, Newcastle upon Tyne, NE6

440-442 Welbeck Road, Newcastle, NE6 2NY

The property comprises a high yielding retail investment let to the well established covenant of Betfred. Arranged across ground floor only and forming part of a popular local parade, the property is let to Done Brothers (Cash Betting) Limited (t/a Betfred) on a new five year lease expiring 07.07.2029 and producing £9,100 per annum. The tenant has been in occupation for over 15 years with the current lease agreed in July 2024 being a renewal of a previous existing lease, displaying confidence in the location. The property forms part of a popular local parade providing local retail amenity, nearby occupiers include Heron Foods, Greggs and Costcutter. High Yielding Retail Investment. Let to Betfred. Five Year Term Expiring 07.07.2029. The Tenant Has Been in Occupation for 17+ Years. Established and Popular Location. VAT Free Investment. Investment Let at £9,100 per annum (11.2% GIY on Guide Price) .

From the auctioneer's description:tenantedStated rent £9,100 a year · 11.2% gross on the guide
Auction in 6 days
Guide price
£81,000
05days
22hrs
18mins
15secs
Wed 21 Oct · 09:00Add to calendar

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Location

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Newcastle upon Tyne, NE6. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£81,000See breakdown
  • Price£81,000
  • Buyer's / admin feeAdd from auctioneer
  • Stamp duty (non-residential) estimate£0
  • Legal pack and searches£0
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Key facts

Type
Commercial Property
Bedrooms
Not published
Tenure
Freehold
Council tax band
See legal pack
Auction
Wednesday, 21 October 2026 at 09:00
Lot number
306
Auctioneer
Savills Auctions
Postcode
NE6 2NY

Listed by Savills Auctions · Lot 306 · Checked 15 Oct, 09:02

Sale history

Year soldSold priceChange
2024£90,000-74%
2024£350,000+0%
2022£350,000

Recent sales in NE6 2NY

  • 436 Welbeck Road · Other · Jun 2024£85,000
  • 444 - 446 Welbeck Road · Other · Apr 2024£210,000
  • 436 Welbeck Road · Other · Jan 2024£7,000
  • 438 Welbeck Road · Terraced · Apr 2010£77,500
  • 460 Welbeck Road · Semi-detached · Aug 2009£60,000
  • 438 Welbeck Road · Flat · Jun 2008£60,000

Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.

Around here

Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.

Welbeck Road, Walker
Welbeck Road, Walker · about 50 m away
© Alex McGregor, CC BY-SA 2.0
Businesses on Welbeck Road (B1313)
Businesses on Welbeck Road (B1313) · about 50 m away
© JThomas, CC BY-SA 2.0
Open telephone box on Welbeck Road
Open telephone box on Welbeck Road · about 70 m away
© JThomas, CC BY-SA 2.0
Elizabeth II postbox on Welbeck Road, Walker
Elizabeth II postbox on Welbeck Road, Walker · about 80 m away
© JThomas, CC BY-SA 2.0

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