A4 Kingfisher House, Kingsway North, Team Valley Trading Estate, Gateshead, Tyne And Wear, NE11
£12.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,000-4,500 sq ft
372-418 sq m
- SECTOR
Office for sale
Key features
- FOR SALE BY AUCTION 15TH MAY 2025
- Let to Education Development Trust (Registered Charity)
- Comprises a Large Open Plan Office Space
- Located on the well established Team Valley Trading Estate
- Full Repairing and Insuring Lease
- Neighbouring Occupiers include Dulux Decorator Centre, UPS, Enterprise House, 5th Avenue Business Park, and Sports Direct
- Guide Price at an Attractive 51% Gross Yield
- Rental income £28,000 per Annum Exclusive
Description
Kingfisher House is situated on the east side of Kingsway North at its junction with Fourth Avenue in the well established Office and Industrial location in Team Valley Trading Estate.
Kingsway North is the Principle Avenue that bisects North to South, the busy and well established Team Valley Trading Estate which benefits from being immediately adjacent to the A1, Great North Road.
Tenure
Long Leasehold. Held for a term of 125 years from 31st March 1989 until 2114 at a fixed peppercorn rent.
Description
The property comprises an attractive first floor office suite within a multi-occupied office development.
The property is registered under Title Number TY25093 and is accessed via a communal reception area.
VAT
VAT is not applicable to this lot.
Note
An interest declared pursuant to s21. of The Estate Agents Act 1979.EPCBand C
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
A4 Kingfisher House, Kingsway North, Team Valley Trading Estate, Gateshead, Tyne And Wear, NE11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dunston Station1.2 miles
- Gateshead Stadium Tram Stop2.0 miles
- Newcastle Central Station2.3 miles
Notes
Disclaimer - Property reference A12614Gateshead. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Acuitus Limited, Acuitus on 020 7870 2773.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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