Units F19/F20, Units F19/F20, The Avenues, Team Valley Trading Estate, Gateshead
Guide Price
£720,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Substantial Industrial Investment
- Let to Tyne Tees Ceramics Ltd on a 10 year lease from September 2017
- Comprises approximately 1,214.15 sq m (12,100 sq ft)
- 5.60m haunch and 7.10m apex heights
- Low rent reflects £4.96 psf
- Capital value reflects £66.12 psf on Guide Price
- Investment let at £60,000 pa (8.42% GIY on Guide Price)
Description
The property comprises a substantial industrial building with an office and a yard at the front. The head lease (which is being offered) includes unit F19 which has been sold off on an underlease. Please find details in the legal pack.
The property is situated in a predominantly industrial location on The Avenues. Nearby occupiers include Screwfix, Magnet Kitchens, Sainsbury's and DHL.
The property is situated in a predominantly industrial location on The Avenues. Nearby occupiers include Screwfix, Magnet Kitchens, Sainsbury's and DHL.
Units F19/F20, Units F19/F20, The Avenues, Team Valley Trading Estate, Gateshead
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dunston Station2.1 miles
- Gateshead Stadium Tram Stop2.3 miles
- Felling Metro Station2.4 miles
Notes
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