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Gallowgate, Newcastle Upon Tyne, NE1

Guide Price
£9,785,000

£168.71 per sq ft

Business rates & charges may apply

Mandale Group, Stockton On Tees
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

We are delighted to present a unique chance to acquire our fully-let industrial park in Newcastle upon Tyne, UK.

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

Approximate location

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

About Mandale Group, Stockton On Tees

MANDALE HOUSE 5 Neville Road, North Tees Industrial Estate, TS18 2RD

For over 35 years, Mandale Group have been providing businesses with much needed, high quality commercial space.

Being the developer as well as the landlord gives us an advantage; increased responsiveness to the markets evolving needs.

When you contact Mandale Group you will be dealing direct with the landlord providing you with the benefit of our no-nonsense, easy approach to business space lettings.

Notes

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