For Sale

Strawberry Place 1 Year Investment

£25,000
Strawberry Lane, Newcastle

Strawberry Place 1 Year Investment

£25,000
Strawberry Lane, Newcastle

5647

Property ID

1Years

Rent assurance

15% NET

Yield

Overview

Price £25,000
Property type Commercial, Secured Investment
Rent assurance period 1 Years
Yield 15% NET
Property ID #5647
Labels Hot Offer, New launch

Features

Fully Managed

Description

SITE LOCATION

Strawberry Lane, Newcastle. A new mixed use development in the heart of Newcastle’s retail core and transport epicentre, a stone’s throw from the famous St. James’ Park.

PROJECT SUMMARY

  • Two residential blocks, circa 315 apartments
  • pre-sold to an institution
  • Includes 180-bed hotel and lease for a Grade A Operator
  • Additional provision of 140,000 sq ft of Grade A office space.
  • 40% has been pre-let to one of the North East’s largest law firm
  • Purchase price: £10.5 million
  • GDV: £148 million
  • Targeting profit of £50 million

SITE BACKGROUND

A prime location for development,
Strawberry Place is situated
between the city retail core,
Newcastle Helix, St. James’ Park,
and the termination of St James’
Boulevard.

With an elevated position, the
site is a prominent part of key
viewpoints within the city and
surrounding area, particularly St.
James’ Park.

Formerly an industrial hub for
Newcastle, in recent years the
site has predominantly become
commercial and retail oriented.
and continues to undergo
substantial redevelopment, as
it transitions into a high density,
mixed-use city quarter.

Investment Opportunity

  • 15% Return
  • 1 Year Investment
  • Security offered by way of a developer debenture over multiple sites
  • Strong track record
  • £50m already paid on previous loan notes
  • Only available to High Net Worth & Sophisticated investors
  • Self-certification required to receive the full investment information

Location

Address Strawberry Lane, Newcastle
Country United States
Cities Newcastle
County / State UK, UNITED KINGDOM
Postal code / ZIP NE1 4SF

Near Place

Walk Score

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