Newcastle City Centre Redevelopment & Investment Opportunity

INVESTMENT HIGHLIGHTS • Planning consent approved in June 2025 for the redevelopment opportunity for 135 Serviced Apartment Units • With the option to brand a hotel/serviced apartment scheme once complete • Opportunity to increase the number of floors upwards • Total annual income currently £307,400 per annum with opportunity to increase through reviews in the short term • Investment provides asset management initiatives to increase income generation at lease events and further letting of basement car parking spaces • Select number of city centre parking spaces to the basement • Very central and prominent position in the heart of Newcastle city centre • 5 minutes walk to Newcastle Central Station, Northumberland Street, Eldon Square and the Quayside & 10 minutes walk to St James Park