Unit 12A Cobalt Business Park, Silver Fox Way, West Allotment, North Tyneside, NE27 0QJ
Business rates & charges may apply
- SIZE
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- SECTOR
Office for sale
Key features
- Vacant Grade A Office Accommodation
- Approximately 5,263.65 Sq M (56,657 Sq Ft) NI
Description
For Sale by Public Online Auction on 17/06/2026 13:00
Location
The property is located at Cobalt Business Park within the borough of North Tyneside, approximately 6 miles north east of Newcastle city centre. The property is situated on one of the UK's largest business parks, within a well established commercial and office environment.
Cobalt Business Park accommodates a number of major occupiers including Accenture, EE, HP, Sage Group Plc and North Tyneside Council. The park also benefits from a range of on-site facilities including the CobaltCentral retail hub, a Busy Bees day nursery, and the Newcastle Village Hotel & Leisure Club.
The location is well connected, providing transport links via the A19, enabling direct access to the wider North East region, as well as connections to the A1(M) and the Tyne Tunnel. Public transport is available from Northumberland Park Metro station, which offers services to Newcastle city centre, the coast and Newcastle International Airport.
The surrounding area is predominantly commercial in character, supported by nearby retail and leisure provision at Silverlink Retail Park.
Description
The property comprises a detached Grade A office building of steel frame construction arranged over four storeys.
Internally, the accommodation is arranged to provide open plan office floor plates around a full height atrium reception. The specification includes air conditioning, raised access floors, LED lighting and approximately 3 metre floor to ceiling heights, together with lift access to all floors.
The total accommodation extends to approximately 5,263.65 sq m (56,657 sq ft) NIA, with typical floor plates extending to 1,303.99 sq m (14,036 sq ft).
Externally, the property benefits from approximately 254 car parking spaces.
Tenure
The property is held Leasehold under Title Number TY365181.
Tenancy
We understand that a parking licence is in place for 100 spaces, which are currently let to the NHS at a rent of £96,000 per annum. The licence commenced 6 years ago and is subject to annual renewal on 31 August, it is expected this will continue.
Planning Authority
North Tyneside Council -
B:43
The property is elected for VAT
Note
Cobalt Business Park was designated by the UK Government as an Artificial Intelligence Growth Zone in September 2025, positioning it as a strategic hub for AI infrastructure and data centre development. Further information is included in the Legal Pack.
A six week completion is available.
For further information please go to
Brochures
Unit 12A Cobalt Business Park, Silver Fox Way, West Allotment, North Tyneside, NE27 0QJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Northumberland Park Metro Station1.0 miles
- Shiremoor Metro Station1.1 miles
- Palmersville Tram Stop1.5 miles
Notes
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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 Lambert Smith Hampton, Auctions on 020 3834 8766.
*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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