• Multi-let industrial & office 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
  • Let to 11 tenants across 4 industrial units and a multi-let office building
  • Rent £207,339.22 per annum rising to £265,369.22 per annum

Offers sought in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) reflecting a net initial yield of 7.80% assuming purchaser’s costs of 6.38%. This will increase to 9.20% in February 2021 and 9.98% in January 2022.