Commercial · For sale

252 Whitley Road, Whitley Bay – Mixed-Use Town Centre Investment

252 Whitley Road, Whitley Bay, North Tyneside, NE26 2TE

Guide price £320,000

Tenure

Not specified

Added

18 Oct 2026

About this property

252 Whitley Road comprises a mixed-use building providing a ground floor retail unit together with first and second floor accommodation previously occupied as a Therapy & Wellness Centre, of traditional construction beneath a pitched roof, fronting one of Whitley Bay's principal town centre trading pitches. A telecoms mast is sited at the property, let to O2 Cornerstone Communications Infrastructure Limited, providing a further and largely management-free income stream alongside the retail and upper floor accommodation.

Key points: - Prime pedestrianised pitch between Greggs and Dicksons, adjacent to Whitley Bay Shopping Centre. - Mixed-use freehold: GF retail, 1st & 2nd floor offices, rooftop O2 Cornerstone telecoms mast. - Current income £24,300 pa, rising to approximately £36,300 pa once upper floors are re-let. - Offers in excess of £320,000 STC — NIY c. 7.59%, rising to c. 11.34% on reversion. - Located in the heart of Whitley Bay; a popular coastal town in the North East. - Unrivalled position on Whitley Bay's prime pedestrianised pitch. - Directly between Greggs and Dicksons. - Immediately adjacent to Whitley Bay Shopping Centre. - Mixed-use investment comprising ground floor retail, first and second floor office accommodation, and a rooftop telecoms mast let to O2 Cornerstone. - Total current income of £24,300 per annum, rising to approximately £36,300 per annum once the upper floors are re-let.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Current Income: £24.3k pa
• Reversionary: ~£36.3k pa
• NIY / Reversion: 7.59% / 11.34%