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Newcastle Upon Tyne, NE15

POA
Mandale Group, Stockton On Tees
SIZE AVAILABLE

13,950 sq ft

1,296 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution

B1, B2, B8

Key features

  • 9 Fully Let Industrial Units Freehold
  • Yearly Rental £166,500.00 with rpi uplifts estimated to £196,998.00
  • Internal kitchen facilities and communal toilet facilities
  • Fitted out to a very high standard
  • Call now for details

Description

MANDALE PARK NE15, UNITS 9-18:
WELCOME TO AN EXCEPTIONAL INVESTMENT OPPORTUNITY
We are delighted to present a unique opportunity to acquire 9no 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 These two storey hybrid units boast a mix of warehouse and office space. The units generate a strong annual rental income of £166,500.00, with forecasted uplifts over the next five years. This means rental income is expected to rise to approximately £196,998.00, 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 UnitsThis thriving development comprises 9 high-quality units with a collective size area of 13,950 sq. ft and home to a multitude of industries including commercial cleaning, construction and waste management 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
Open mapStreet View

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

These notes are private, only you can see them.

Disclaimer - Property reference Lem9-18. 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.

Map data ©OpenStreetMap contributors.

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