Thumbnail
  • 100% prime industrial investment  
  • Located on Team Valley the premier industrial location in the North East comprising over 700 acres and 7 million sq ft of business space
  • Excellent road communications being situated directly on the A1 Western Bypass accessed by two separate junctions
  • Just 3 miles south of Newcastle city centre and 1 mile south of Gateshead town centre
  • 18,021 sq ft modern detached unit
  • Let to the substantial covenant of Smiths News Trading Limited
  • Rent £99,150 per annum

Offers sought in excess of £1,435,000 (One Million Four Hundred and Thirty Five Thousand Pounds) reflecting a net initial yield of 6.51% assuming purchaser’s costs of 6.07%.