Units 1-17 Noble Street Industrial Estate, Newcastle Upon Tyne, Tyne And Wear, NE4
Size
35,552
Tenure
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EPC
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Parking
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- Primary use
- Other
- Other use(s)
- Light industrial
No floor / site plan
Key features
- Prominent trade investment extending to 35,552 sq ft providing 17 units between 2,087 sq ft and 4,174 sq ft
- Excellent location off Scotswood Road 1 mile west from Newcastle city centre and 2.5 miles west from the A1(M)
- Secure tenant line up with tenants including Vodafone, UK Electric Limited & Lloyd Worrall
- Total income of £299,339 per annum
- WAULT to expiry of 5.00 years & 2.53 years to break
- Reserved ERV of £337,744 per annum
- 86% of the income is to tenants with a CreditSafe Rating of A / B ('Very Low Risk' / 'Low Risk')
- 43% of the income has a rent review mechanism to the greater of OMRV or RPI (2% - 4% collar and cap respectively)
- Offers in excess of £4,000,000 (Four Million Pounds), reflecting a NIY of 7.02% and a reversionary yield of 7.93%.
Description
Prominent trade scheme extending to 35,552 sq ft providing 17 units between 2,087 sq ft and 4,174 sq ft.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Units 1-17 Noble Street Industrial Estate, Newcastle Upon Tyne, Tyne And Wear, NE4
About HTA REAL ESTATE LIMITED, Newcastle
HTA Real Estate are commercial property consultants based in the North East of England, specialising in industrial and logistics warehousing and land for sale or to let. From our base in Newcastle upon Tyne we cover Northumberland, Durham, Teesside and Tyne & Wear, including North Tyneside, Newcastle, Gateshead, Team Valley Trading Estate, South Tyneside, Washington and Sunderland.
We also provide investment and development advice along with assisting occupiers to acquire industrial and logistics properties and land in the North East region.
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Disclaimer - Property reference 1535FH. 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 HTA REAL ESTATE LIMITED, Newcastle. 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.