133-137 Grainger Street
Newcastle upon Tyne
A prominent retail unit arranged over basement, ground and three upper levels. The property is let in its entirety to Reiss Holdings Ltd on a lease expiring in August 2013, at a passing rent of £196,500 pa. There is opportunity to enhance the value through the redevelopment of the upper floors for residential use.
The property was acquired as part of the Alpha Portfolio.
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