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Industrial/factory shop units available Development land also available.
A substantial complex of warehousing and manufacturing premises offering good quality units in a range of sizes at economical rents. Units 5D and 5K offer retail/factory shop space at the front of the site. The competitive service charge covers a comprehensive package of services including 24 hour security, on-site management, external building and site maintenance together with building insurance.
The units are available on new full repairing and insuring leases by way of a service charge recovery for a term and rent review pattern to be agreed. Rent on application. All transactions will be subject to the landlord's Board approval. ( Agency Pilot Software Ref: 2008818 )
Admiral Business Park, Nelson Way, Cramlington, NE23 1WG
Type: Warehouse, Land, General Industrial, Industrial, Commercial Land
Admiral Business Park, Nelson Way, Cramlington, NE23 1WGGBNorthumberland, CramlingtonNorthumberlandNE23 1WGNelson Park West
The portfolio comprises 18 self-contained flats within brick built terrace properties. Within the portfolio 17 units are currently vacant. These units require refurbishment and modernization. This presents the unique opportunity to actively manage the properties and increase the occupancy rate across the portfolio.
- Residential development/investment opportunity. - Comprises 19 units and 1 freehold reversionary interest. - Two occupied properties within the portfolio producing a rental income of £7,680 per annum. - Excellent opportunity for asset management and renal growth. - Estimate that the portfolio has the potential to generate a rental income of £86,736 per annum - Subject to undertaking works to bring the properties into a reasonable condition.
Development/Investment Opportunity of 19 Residential Units
Type: Residential, Land, Commercial Land
105 Colston Street, Newcastle Upon Tyne, NE4 8UNGBNewcastle upon TyneNorthumberlandNE4 8UN105, Colston Street