icons_size_white icons_size

AGENT'S DETAILS


Fully Occupied Office Investment

For sale: £350,000.00|To rent: ROA|1 - 4063 Sq Ft|Office, Offices

PROPERTY DETAILS

FOR SALE£350,000.00
TO RENTROA
SIZE1 - 4063 Sq Ft
ADDRESSSuite A4, Kingfisher House, Team Valley, Gateshead, NE11 0JQ
TYPEOffice, Offices
TENUREInvestment Opportunity, To Let, For Sale Freehold, For Sale Leasehold
POSTED ON24th September 2019

DESCRIPTION

Fully Occupied Office Investment

- Located on the premier commercial estate in the North East
- Recently refurbished office accommodation with ample parking provisions.
- Fully let to the Education Development Trust who provide excellent covenant strength.
- Low passing rent reflecting £6.89 per sq ft.
- Tenant has been in occupation for a number of years.
- Seeking offers of £350,000 (Three Hundred and Fifty Thousand pounds) reflecting a Net Initial Yield of 7.71% after purchaser costs of 3.80%.

LOCATION

Location: Suite A4, Kingfisher House, Team Valley, Gateshead, NE11 0JQ

Dunston (1.3 miles)

Newcastle (2.2 miles)

MetroCentre (2.4 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here