839 Welbeck Road, Newcastle upon Tyne, Tyne and Wear, NE6 4JP

Commercial investment property in Newcastle upon Tyne

Guide price*


Plus fees

Sold for £68,000

Lot 97 Commercial Investment
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Auction details:

Wednesday 11th December 2019 @ 10:30AM

A Freehold Commercial Investment Property Current Gross Income: £9,500 pa.

Property Description

A mid terraced property, standing back from the road behind a foregarden. The property comprises of a two surgery dental practice, however has the potential to be converted for residential use, subject to obtaining the necessary consents.


The property is located in the suburb of Walker, which lies approximately 4½ miles from Newcastle upon Tyne City Centre and approximately 10 miles from Newcastle International Airport and the property is situated on the A186 close to the junction with Sunningdale Avenue, in a predominately residential area.


Ground Floor: 35.6 sq.m. (383 sq.ft.) approx.
First Floor: 27.3 sq.m. (294 sq.ft.) approx.
Total: 62.9 sq.m. (677 sq.ft.) approx.

Energy Performance Rating



Freehold – Subject to the existing tenancy.


The property is currently used as a Dental Practice (D1 Class), however there is potential to convert the property to residential use, subject to obtaining the necessary planning consents. All initial enquiries should be made to Newcastle City Council - Tel: 0191 278 7878.

Tenancy Details

The property is currently tenanted to Whitecross Dental Care Ltd, for a term for 15 years from 1st October 2012, subject to rent reviews every 5th year (next rent review 2022), on a full repairing and insuring lease at a rental figure of £9,500 per annum.

Value Added Tax

We understand that VAT is not applicable on this transaction.


External viewings only.

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.


Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.


All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.


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The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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