We are pleased to present this substantial end-terrace, three-storey retail and office investment opportunity, prominently positioned and fully let. The property is divided into two self-contained units. V Smart Idea, a homeware, travel, and commercial retailer, occupies the ground floor, extending to approximately 1,950 sq. ft. (181 sq. m.). The accommodation comprises a retail sales area, storage, kitchen, and WC facilities. Singleton Winn Connell Solicitors occupies the first and second floors, providing a total floor area of approximately 3,290 sq. ft. (305.65 sq. m.). The space comprises various offices, meeting rooms, storage areas, kitchen, and WC facilities. This fully tenanted asset offers investors a strong income stream from two tenants within a well-configured, multi-level premises. The subject property is prominently located on Shields Road being on the north side of the street opposite the swimming pool. Shields Road is a very busy suburb of Newcastle upon Tyne and benefits from a very high level of footfall. Nearby retailers include a selection of local independents as well as National High Street Retailers including Iceland, Wilkinsons, Greggs, Boots and William Hill. The area is also well served by public transport having regular bus services and a metro station.

Substantial three storey end terrace property
Rental income £31,000 per annum
Attractive 15.5% yield based on £199,950 guide price
Fully occupied by solicitors & retailer
Net internal area 5,240 sq. ft. (486.8 sq. m.)
Prime high street position with busy footfall
Excellent investment opportunity
Designated parking to the rear
Yield
Attractive 15.5% yield based on £199,950 guide price

Property details provided by Rook Matthews Sayer
EPC rating:
Council Tax Band: N/A
Tenure: Freehold

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 26 February 2026 OPTION 2

TENANTS
No.232 Singleton, Winn, Connell Solicitors
First Floor 2,200sq.ft and Second Floor 1,090sq.ft £15,000 We have been verbally informed they have been in occupation for 20 + years with the current lease rolling over.

No.230 V Smart Idea
Ground Floor 1,950sq.ft £16,000 10-year lease from February 2014, the tenant has 4 breaks, every 2.5 years from start of lease. Rent review at each break (RPI) upwards only.

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
We are advised by the seller that they are unaware if the property has mains provided gas, electricity, water (very low risk of surface water flooding) and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 17Mbps and the fastest package of 80Mbps at this postcode: NE6 1DU and mobile coverage is provided by EE (good), Three (good), 02 (good) and Vodaphone (good outdoor).