Office for sale in Windsor Terrace, Newcastle Upon Tyne NE2
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Property description
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%.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Parker Knights, NE4 on +44 191 686 4274 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Knights, and do not constitute property particulars. Please contact Parker Knights for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.