• 100% prime multi-let 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
• 55,974 sq ft of modern industrial accommodation
• Lease events offering asset management opportunities
• Passing rent £389,100 per annum offering significant rental growth potential
Offers sought in excess of £5,300,000 (Five Million Three Hundred Thousand Pounds) reflecting a net initial yield of 6.89% assuming purchaser’s costs of 6.60% and a reversionary yield based on ERV of 7.92%.