Unit 4, Fisher Industrial Estate, Fisher Street, Newcastle Upon Tyne, NE6
- Land size
- 0.25 acres
Key Features
- Rarely available unit on Fisher Industrial Estate
- Let to Northern Stage (Theatrical Productions) Limited (Company No. 02187213)
- 4.58 years to expiry (2.58 yrs to break)
- Total GIA of 10,937 sq. ft (1,016 sq. m)
- Very low passing rent of £38,500 per annum (£3.52 psf)
- Reversionary rent of £71,000pa (£6.50 psf)
- Tenant in occupation since 2017
- Long leasehold expiring 28 February 2079 (53 years unexpired) with a current ground rent of £1,509 per annum
- Seeking offers in excess of £365,000 exc. VAT showing a net initial yield of approx. 9.75% off the net rent of after standard purchaser costs. This shows a very low capital value of £33.37 psf
Description
Location
The property forms part of Fisher Industrial Estate, Walker, an established industrial location within the wider East Newcastle area. The property benefits from convenient connections to the A1058 Coast Road, A19 and Tyne Tunnel to the east, Newcastle city centre and A1 to the west. Nearby occupiers include those involved in the offshore sector including Cleveland Cable qnd SMD Tech Works, as well as local industrial and warehousing operators.
Description
The building is of steel portal frame construction with brick/blockwork elevations to approximately 2 metres, with metal profile cladding beneath a pitched single-skin metal clad roof. We understand that works of repair to the roof have been carried out in the last 24 months.
Internally, the warehouse benefits from gas-fired heating, while the office accommodation is fitted with air conditioning. There is lighting throughout which is a mix of fluorescent tube and box fittings. A mezzanine floor provides additional storage accommodation within the warehouse, and the property also benefits from approximately six demised car parking spaces externally.
The tenant currently uses the unit for storage and a workshop purposes.
Tenure Comments
The property is held on a 99-year lease from 1st March 1980 at a passing ground rent of £1,590 pa subject to open market reviews every 10th anniversary. We understand that the ground rent is not recharged to the tenant. The initial ground rent in 1980 was £1,325 per annum.
We are instructed to seek offers in excess of £365,000 exc. VAT showing a net initial yield of approximately 9.75% off the net rent of £36,991 pa after standard purchaser costs. This shows a potential reversion to over 18% at rent review in April 2029 and a very attractive capital value of £33.37 psf.
Map Location
Property details
- Tenure
- Ask Agent
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-10-12
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
5.5 Gbps
Gigabit full fibre · available to 89% of premises
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Predicted 4G and 5G signal; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- St Alban's Catholic Primary School, Walker725 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 213
- Type
- Academy converter
- Faith
- Roman Catholic
- Carville Academy730 metresOfsted: Requires improvement *
- Ages
- 3 to 11
- Type
- Academy sponsor led
- Tyneview Primary School759 metresOfsted report card · Jan 2026
- Ages
- 2 to 11
- Pupils
- 257
- Type
- Academy converter
- Western Community Primary School0.8 milesOfsted: Good
- Ages
- 3 to 11
- Pupils
- 440
- Type
- Foundation school
- Walkergate Community School0.8 milesNo Ofsted rating
- Ages
- 2 to 11
- Pupils
- 616
- Type
- Academy converter
Secondary
- Walker Riverside Academy450 metresOfsted: Requires improvement *
- Ages
- 11 to 18
- Pupils
- 1,101
- Type
- Academy converter
- Benfield School1 mileOfsted: Requires improvement *
- Ages
- 11 to 16
- Pupils
- 819
- Type
- Academy converter
- Burnside College1.2 milesOfsted: Good
- Ages
- 11 to 18
- Pupils
- 995
- Type
- Foundation school
- Hebburn Comprehensive School1.4 milesOfsted report card · Dec 2025
- Ages
- 11 to 16
- Pupils
- 857
- Type
- Community school
- St Joseph's Catholic Academy1.6 milesOfsted: Good
- Ages
- 11 to 18
- Pupils
- 1,377
- Type
- Academy converter
- Faith
- Roman Catholic
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Walking trail
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.
Rivers and the sea
Planning map: Flood Zone 1.
Surface water
Not at the pin: mapped about 10 metres away.
These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.
Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
4. Updates & feedback
If you believe any detail on this listing is inaccurate, please let us know. We will investigate and, where appropriate, update the listing or notify the agent.
© LandSale | Version 1.3 - August 2026
Listing agent
Naylors Gavin Black LLP, Newcastle Upon Tyne
One Strawberry Lane Newcastle Upon Tyne NE1 4BX
Contact Naylors Gavin Black LLP, Newcastle Upon Tyne
One Strawberry Lane Newcastle Upon Tyne NE1 4BX
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