Office for sale in Windsor Terrace, Newcastle Upon Tyne NE2

The subject office accommodation lies within a three storey, mid-terraced building of traditional construction under a pitched slated roof. The contemporary fit out benefits from the following features: Open plan office accommodation, Kitchen and WC facilities, internal bike storage and shower facilities, collaborative outdoor space, architectural LED suspended lighting, dedicated on-site parking spaces, 1GB super super fast connectivity and state of the art telephone system.

Description Sq m Sq ft
Lower Ground Floor 94.59 1,018.00
Ground Floor 68.12 733.26
First Floor 85.09 915.93
Second Floor 59.65 642.08
NIA 307.45 3,309.45

Tenant profile: Bk Plus Limited (Company Number 09701168)

- A freehold, single let office building in an affluent suburb of Newcastle
- Total net internal area of 3,309.45 sq ft with 10 car parking spaces
- Total income of £50,000 per annum with 4.5 years to lease expiry
- Potential for redevelopment/conversation angles in the future (STP)

Offers sought in the region of £750,000 (Seven Hundred and Fifty Thousand pounds) equating to a net initial yield of 6.33% after purchaser’s costs of 5.4%.