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Newcastle Upon Tyne, NE15

£1

£0.00 per sq ft

Business rates & charges may apply

Mandale Group, Stockton On Tees
SIZE AVAILABLE

20,510 sq ft

1,905 sq m

SECTOR

Industrial park 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

  • Great Investment with a great Yield ask for details
  • 8 Industrial Units sold Freehold
  • Great Location just to the West Of Newcastle City Centre
  • Annual Rent £204,800.00 with rpi reviews
  • All fitted out to a very high standard

Description

MANDALE PARK NE15, UNITS 1-8:

WELCOME TO AN EXCEPTIONAL INVESTMENT OPPORTUNITY

We are delighted to present a unique opportunity to acquire 8no
fully-let industrial units in Newcastle upon Tyne, UK.Strategically positioned in Lemington, just 6.5 miles from Gateshead, the site offers excellent connectivity via the A6085 and A1, ensuring
ease of access for businesses, clients, and employees alike. A Secure and High-Yielding Investment
The units generate a strong annual rental income of £204,800.00, with forecasted uplifts over the next five years. This means rental income is expected to rise to approximately £237,414.00, all without renegotiating existing tenant agreements. RPI-controlled adjustments ensure stable and predictable growth. The site's professional external management provides a hassle-free investment experience, offering both stability and long-term profitability. A Diverse and Fully-Let Parade of Units
This thriving development comprises 8 high-quality units with a collective size area of 20,510 sq. ft and home to a multitude of industries including printing, air conditioning and laundry companies.
Now fully let, the demand here has been so good that we have had to create a waiting list for future tenants.

Brochures

Newcastle Upon Tyne, NE15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blaydon Station0.7 miles
  • MetroCentre Station2.3 miles
  • Bank Foot Metro Station3.0 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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Disclaimer - Property reference Lemington1-8. 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 Mandale Group, Stockton On Tees. 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.

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