Commercial Properties For Sale in Newcastle Upon Tyne
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Rare Freehold Investment Opportunity – Charlotte House, Newcastle upon Tyne, NE1 A superb chance to acquire an established fully let income generating freehold interest in a prominently positioned commercial investment property in the heart of Newcastle city centre.
- Established Rental Income Investment
- Fully Let with Passing Rent of £105,550pa
- Professionally Managed
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The property comprises a detached industrial unit of steel frame construction with brick and clad elevations with the following specification: Singular and open plan offices with reception area, carpeted throughout with gas fired central heating and category 2 lighting Canteen area and W/C facilities serving both warehouse and office areas Strip fluorescent and LED lighting to the warehouse with pitched roof and sprinkler system 2 roller shutter doors measuring approximately 4.2m wide x 4.2m high and 5.5m wide x 4.1m high opening out to a loading apron Eaves height of 5m rising to 7m at the apex Approximately 70 car parking spaces Site area of approximately 3.78 acres
- Located adjacent to the A1
- Close to the Metrocentre
- Secure fenced site
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The site extends to approximately 50 acres and can therefore potentially cater for a range of sports and leisure uses, subject to planning. A range of options are available to occupiers such as: Bespoke development Land available to purchase or lease Joint Venture opportunities The site is conveniently and prominently located adjacent to the A19/A1/A1068 roundabout at the northern tip of the town of Seaton Burn. The site has access within a two minute drive time to both the A19 trunk road heading south east and A1 motorway north and south. The Seaton Burn Motorway Services sit to the north of the site, and include a Travelodge hotel, Burger King and Esso filling station. Approximately 500m north of the site is the 4-star Holiday Inn Newcastle, with 151 bedrooms as well as conference and leisure facilities. The site's proximity to both the A1 and A19 ensures that it is readily accessible to a large catchment within a circa 60 minute drive time Due to the site's current Green Belt location, any proposal will need to respond to the appropriate tests set out in national and local planning guidance. Outdoor sports and leisure uses are acceptable in principle, subject to the extent and detail of any buildings and structures required.