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5 & 20 Penn Street, Newcastle Upon Tyne, North East, NE4

£375,000

£30.46 per sq ft

Business rates & charges may apply

Lambert Smith Hampton, Newcastle
SIZE AVAILABLE

12,310 sq ft

1,144 sq m

SECTOR

Warehouse for sale

Key features

  • Established industrial and trade counter location
  • Two 1970s industrial units
  • Let to two trade counter operators
  • Unit 5 let to Newcastle Heating & Plumbing Ltd
  • Unit 20 let to Plumbase
  • Low rent of £4.54 per sq ft
  • WAULT 2.84 years to expiry (1.86 years to break)
  • Total gross rent £56,000 pa (Net rent £42,000 pa)

Description

Two industrial/warehouse units of steel portal frame construction with brick and profile sheet clad roof. Minimum eaves height of 3.2m rising to 4.1m at the apex. Attached to unit 5 is a two storey office block under a flat roof. Externally unit 5 has a tarmac forecourt providing staff and customer parking.

Brochures

5 & 20 Penn Street, Newcastle Upon Tyne, North East, NE4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newcastle Central Station0.7 miles
  • St James Station0.9 miles
  • Dunston Station1.0 miles

About Lambert Smith Hampton, Newcastle

St Ann's Quay 122 Quayside Newcastle Upon Tyne NE1 3BD

Please note our office opening hours are Monday - Friday, 9am – 5.30pm

Notes

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