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2 Bankside, The Watermark, Gateshead, Tyne And Wear, NE11 9SY

Offers Invited
Portland Dodds Brown, Stockton-On-Tees
SIZE AVAILABLE

1,860 sq ft

173 sq m

SECTOR

Office for sale

Key features

  • Self contained two storey property
  • Floor area circa 1,860 sq. ft (173 sq. m)
  • Excellent transport and road links
  • Currently operating as an office hub
  • Current net income circa £31,500 p.a
  • 4 parking spaces
  • Asking price £315,000 freehold

Description

This immaculate property comprises a two-storey office unit forming a terrace that was constructed between 2007 and 2008. The property is of steel frame construction with brick and block curtain walling under an artificial slate roof.

Internally the property has raised access floors, carpet tile floor coverings, painted plaster walls, and a suspended ceiling with new LED light fittings. Heating is by way of a small-bore gas-fired wet radiator system.

Current Business Model

The building currently operates as an office centre with options for physical and virtual occupancy via There are currently 4 licensed tenants and 4 virtual tenants plus income from the hire of a meeting room. The property is configured to provide 2x office spaces plus the meeting room on the ground floor with a large open plan space on the first floor. Solar panels are installed on the roof which generate another income stream. Vacant possession of the building would also be available

Services

Gas central heating, which can be operated remotely. and double glazing is installed to the building. Exit and entry can also be monitored remotely.


Location

The property is located on the southern bank of the River Tyne within The Watermark development, close to the Metro Centre. The development is very well located, being approximately 1/4 mile from the nearest junctions of the A1(M) giving easy access to the regional and national road networks.

This development also benefits from excellent public transport links and is conveniently situated about a 10 minute walk from the Metro Centre public transport interchange which provides both rail and bus access. Newcastle airport is positioned 5 miles to the north-west of the estate, circa 15 minutes by car, and offers flights to UK and numerous European destinations plus a daily flight to Dubai.

Brochures

2 Bankside, The Watermark, Gateshead, Tyne And Wear, NE11 9SY

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • MetroCentre Station0.3 miles
  • Dunston Station1.5 miles
  • Blaydon Station1.7 miles

About Portland Dodds Brown, Stockton-On-Tees

Varsity House, Falcon Court, Preston Farm Industrial Estate, Stockton-On-Tees, TS18 3TS

Notes

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Disclaimer - Property reference 946FH. 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 Portland Dodds Brown, Stockton-On-Tees. 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.