Savills · 21 Oct 2026 · in 2 days
High Yielding Retail Investment
440-442 Welbeck Road, Newcastle, NE6 2NY · North East
LiveRetailLet
- Guide
- £81,000
- Rent a year
- £9,100
- Yield on the guide
- 11.2%
- Payback
- 8.9 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 24 Jan 2022 (certificate 4329-0301-7196-6214-7287). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Retail lot in Newcastle. Producing £9,100 a year, a 11.2% gross yield at the guide.
High Yielding Retail Investment Let to Betfred Five Year Lease Expiring 07.07.2029 Investment Let at £9,100 per annum. High Yielding Retail Investment. Let to Betfred. Five Year Term Expiring 07.07.2029. The Tenant Has Been in Occupation for 17+ Years. Established and Popular Location. VAT Free Investment. Investment Let at £9,100 per annum (11.2% GIY on Guide Price). The property comprises a high yielding retail investment let to the well established covenant of Betfred. Arranged across ground floor only and forming part of a popular local parade, the property is let to Done Brothers (Cash Betting) Limited (t/a Betfred) on a new five year lease expiring 07.07.2029 and producing £9,100 per annum. The tenant has been in occupation for over 15 years with the current lease agreed in July 2024 being a renewal of a previous existing lease, displaying confidence in the location. The property forms part of a popular local parade providing local retail amenity, nearby occupiers include Heron Foods, Greggs and Costcutter. Tenancy: The property is let to Done Brothers (Cash Betting) Limited (t/a Betfred) on a new five year lease expiring 07/07/2029 and producing £9,100 per annum. The lease is on full repairing and insuring terms, and includes a tenants break option in the third year. The tenant has been in occupation for over 15 years with the current lease agreed in July 2024 being a renewal of a previous existing lease, displaying confidence in the location. Done Brothers (Cash Betting) Limited D&B Rating - 5A 2 Turnover (2025) - £867.3m Pre-Tax Profit (2025) - £92.7m Total Assets (2025) - £198.2m Employees - 7,659
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.