Commercial property for sale
Jam Jar Studios, 5 Mulgrave Terrace, Gateshead, NE8 1PQ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A freehold modern office amounting to an approx. 11,638 sq ft. (1,081 sqm)
- Low capital value of £29.21 per a sq ft
- Suitable for both investors & owner occupiers
- Asset management potential to let the property out in its current format
- Development & change of use potential (subject to the requisite consents)
- Gateshead Metro Station located an approx. 0.1 miles from the property
- 6 week completion available
- Vacant
Description
StrapLine
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold office premise amounting to an approx. 11,638 sq ft. (1,081 sqm). The property offers instant asset management potential to be let out in its current format or would be suitable for an owner occupier. There is also alternative use and development potential (subject to the requisite consents)
Vacant
Description
A freehold detached property that was most recently occupied by an owner occupier and previously used as high-end serviced office accommodation. The property is situated over 4 floors (Basement, Ground, First and Second Floor) and previously included multiple office studios including a TV studio and café at ground floor.*Please refer to notes.
The property offers instant asset management potential in its current use or alternative uses, and/or development potential (subject to the requisite consents).
The property would also be suitable for owner occupiers.
Location
The property is located on the South side of Mulgrave Terrace and close to the junction with A184.
Gateshead Metro Station location an approx. 0.1 miles from the property
Transport
Gateshead Metro Station - Tyne and Wear Metro (providing services through Newcastle)
Tenancy
Vacant
Accommodation
Please refer to the floor plan
Jam Jar Studios, 5 Mulgrave Terrace, Gateshead, NE8 1PQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newcastle Central Station0.6 miles
- Manors Station0.8 miles
- Gateshead Stadium Tram Stop0.8 miles
Notes
Disclaimer - Property reference 218-20545. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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