80 The Drive Heworth Gateshead Tyne & Wear NE10 0PL

  • 80 The Drive<br>Heworth<br>Gateshead<br>Tyne & Wear<br>NE10 0PL

80 The Drive
Heworth
Gateshead
Tyne & Wear
NE10 0PL

Freehold Children's Nursery Investment

  • Recently let to Top of the Tots Ltd
  • Let on a new lease until June 2034 (subject to option)
  • Prominent detached premises with significant main road frontage
  • Potential change of use and residential development (subject to lease and consents)
  • VAT-free investment
  • Lot
    37
  • Auction
    12th February 2026
  • Rent
    £22,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    £200,000
  • Auction Venue
    Live Streamed Auction
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Freehold Children's Nursery Investment

  • Recently let to Top of the Tots Ltd
  • Let on a new lease until June 2034 (subject to option)
  • Prominent detached premises with significant main road frontage
  • Potential change of use and residential development (subject to lease and consents)
  • VAT-free investment
  • Lot 37
  • Auction 12th February 2026
  • Rent £22,000 per Annum Exclusive
  • Status Available
  • Guide* £200,000
  • Sector
    Nursery
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
5 miles south-east of Newcastle City Centre, 10 miles north west of Sunderland, 16 miles north of Durham
Roads
A184
Rail
Heworth Railway Station, Heworth Metro, Newcastle Railway Station
Air
Newcastle International Airport
Situation

The property is prominently situated on a main road in a prominently residential area and benefits from being less than 200m from Heworth Railway Station.

Tenure

Freehold.

Location
Miles
5 miles south-east of Newcastle City Centre, 10 miles north west of Sunderland, 16 miles north of Durham
Roads
A184
Rail
Heworth Railway Station, Heworth Metro, Newcastle Railway Station
Air
Newcastle International Airport
Situation

The property is prominently situated on a main road in a prominently residential area and benefits from being less than 200m from Heworth Railway Station.

Tenure

Freehold.

Description

The property comprises a children's nursery arranged on the ground floor only with an entrance hall, lounge, reception office and play areas. The property benefits from car parking at the front for approximately 4 cars.

VAT

VAT is not applicable to this lot.

EPC

Band E.

Description

The property comprises a children's nursery arranged on the ground floor only with an entrance hall, lounge, reception office and play areas. The property benefits from car parking at the front for approximately 4 cars.

VAT

VAT is not applicable to this lot.

EPC

Band E.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground Nursery
286.00
(3,078)
TOP OF THE TOTS LTD (T/a Top Of The Tots Day Care) 10 years from and including 24/06/2024 (1)
£22,000
24/06/2029
Total  
286.00
(3,078)
   
£22,000
 

(1) The lease provides for a tenant option to determine on 24/06/2027, subject to six month's written notice.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Anjali SawaliAnjali Sawali +44 (0)20 7034 4854 +44 (0)7854 316 621anjali.sawali@acuitus.co.uk
Seller's Solicitors
Farleys Solicitors 22-27 Richmond Terrace
Blackburn
BB1 7AF
Ross Liddle 01254 606000ross.liddle@farleys.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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