Gallowgate, Newcastle Upon Tyne, NE1
- SIZE AVAILABLE
58,000 sq ft
5,388 sq m
- SECTOR
Commercial development for sale
- USE CLASSUse class orders: B1 Business, B2 General Industrial, B8 Storage and Distribution and D1 Non-Residential Institutions
B1, B2, B8, D1
Key features
- Brand New Industrial Investment with a rent roll of £627,300.00 per annum
- All the leases have rpi uplifts giving a guaranteed uplift in rent
- The estate is ran by a management company covered by the service charge
- Situated in a very popular part of Newcastle with high demand for Units
- Freehold
Description
A Proven Income Stream
The portfolio comprises 26 individual units, all fully managed by an external property management company to ensure a hassle-free experience for landlords. Collectively, the park generates a strong rental income of £627,300.00 per annum, with rental uplifts predicted to grow from 16% to 25% over the next five years, supported by reversionary rental growth and scheduled rent reviews at three and five years. Rental adjustments are RPI-controlled, ensuring steady and reliable returns.
Achieve a rental income increase, rising from £627,300.00 to approximately £725,400.00, all without the need to renegotiate existing tenant agreements!
A Future-Proofed Investment
Designed to cater to SMEs, start-ups, and expanding businesses, this park is ideally positioned to capture ongoing demand in the region's dynamic industrial market. With a track record of high occupancy and professional management already in place, this portfolio offers both stability and growth potential for forward-thinking investors.
Take advantage of this rare opportunity to invest in a robust and growing sector while enjoying hands-off management and significant future growth.
Sale price
We are expecting OIRO £9,785,000.00 + VAT
MANDALE PARK NE15 -
WELCOME TO AN EXCEPTIONAL INVESTMENT
Brochures
Gallowgate, Newcastle Upon Tyne, NE1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St James Station0.1 miles
- Newcastle Central Station0.4 miles
- Manors Station0.6 miles
Notes
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