Prime Edge of City Centre redevelopment opportunity. Currently presenting as a mix of office and residential with car parking.
Summary
- Existing Office/residential buildings of 3,403 sq ft
- Set across 4 floors
- 5 car parking spaces to the south of the property
- Strategically located in student residential area
- Directly adjacent to Newcastle University and a short walk from Northumbria University
- Available with Full Vacant Possession
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Lower Ground - Offices | 594 | 55.18 | Available |
| Ground - Offices/Residential | 1,131 | 105.07 | Available |
| 1st - Offices/Residential | 1,141 | 106 | Available |
| 2nd - Residential | 537 | 49.89 | Available |
| Total | 3,403 | 316.14 |
Location
The property is situated on Claremont Road and makes up part of North Terrace. The area immediately surrounding the subject property is predominantly residential with some commercial uses. Newcastle city centre is 0.5 miles away and can be accessed by foot in just under 15 minutes.
Access to Claremont Road is directly off the A167 (M). The A167 provides routes both North and South and connects with the A696, which allows Newcastle Airport to be accessed in 10 minutes.
Newcastle has excellent public transport links. The metro service provides routes throughout Tyne and Wear. Newcastle also has a bus services which providing access to the wider north-east region
Get directions from Google Maps
Mainline Stations
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Manors19 mins
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Newcastle20 mins
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Dunston47 mins
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MetroCentre47 mins
Underground Station
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Chesham4447 mins
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Amersham4488 mins
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Chalfont and Latimer4503 mins
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Broxbourne4504 mins
Further Information
Price Offers in excess of £430,000
Rates Payable The Rateable Value for 3 North Terrace - £12,500. Annual Council Tax for 4 North Terrace - £1,608
EPC Rating This property has been graded as G
Description
We are instructed to offer the freehold interest in the buildings with full vacant possession.
North Terrace has a strong student presence, with parts of the Newcastle University campus being directly adjacent to North Terrace and Northumbria University being approximately a 20-minute walk away.
3 & 4 North Terrace present an ideal opportunity for student residential conversion.
We are invited to seek offers above £430,000 for the freehold title.
Formal bids must be submitted by 12:00pm on 22/07/2025. No offers will be considered or accepted prior to the closing date.
Details of offer to include the following: identity of the purchaser, details of proposed use, level of offer, method of funding, conditions attached to the offer and any other supporting information the party feels is relevant.
The vendor reserves the right not to accept the highest or any offer received.
Specifications
3 & 4 North Terrace comprise two, mid-terraced four storey brick-built office/residential buildings on Claremont Road in Newcastle Upon Tyne.
3 North Terrace has office accommodation on the lower three floors with residential accommodation on the top floor. 4 North Terrace has office accommodation on the lower ground level and one-bedroom flats on the upper three levels.
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