Commercial Property for saleKey House, Tankerville Place, Jesmond, Newcastle Upon Tyne, NE2
Sold STC £895,000
Suite of offices with potential for development to individual flats or an investment opportunity. Key House is an impressive double fronted detached property which originates to the early Edwardian period and was understood to be a private residential dwelling. At a later stage the property was connected to a larger building at the rear of the site.
In more recent years the property has been developed further, with double storey additions combined with a refurbishment of the whole of the site, creating an excellent suite of modern offices.
Key House is now a very conveniently located building with office suites, with the benefit of a communal kitchen, catering facilities and cafeteria, as well as open plan receptions. The ground floor accommodates three private rooms, one being a large auditorium and presentation suite, a board room and a third a reception office. There are three open plan areas including a general office and computer area, a middle entrance and a rear hall which gives access to disabled WC facilities. The rear entrance hall provides one of four access points in the building.
The central stairwell has a commercial lift linking to the first floor, where there are a further five meeting rooms to the north wing and five meeting rooms to the south wing. There is also an open plan conference area, two kitchens, a store room and further WC facilities.
To the second floor there are three store rooms set in to the roof space and excellent store cupboard space within the eaves.
The building has modern central heating systems, double glazing, high quality suspended ceilings and modern interior design and furnishings.
At the front of the property the building incorporates a very large rear car park which will accommodate eight to ten cars, as well as further parking facilities to the side access lane linking from Tankerville Place. The building has a second emergency staircase linking the first floor to the rear of the site and a large commercial garage.
The property shows excellent potential as a commercial investment but also has obvious residential appeal subject to suitable planning and building consent.
Key House is very well located in the heart of Jesmond, close by to many private schools, excellent shopping facilities and transport links into the city centre. The building is deceptively larger than its external appearance from Tankerville Place and provides a significant investment for the future.
The property has mains gas, electric, water and drainage.
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