Investment For Sale, Newcastle Upon Tyne, Tyne and Wear
4 photos
Property ID: 153481
£375,000 Freehold
5 & 20 Penn Street, Newcastle Upon Tyne, Tyne and Wear, NE4 7BG
Type
Investment
Status
Under Offer
Size
12,310 sq ft
Key Features
- Established industrial and trade counter location
- Two 1970s industrial units
- Let to two trade counter operators
- Unit 5 let to Newcastle Heating & Plumbing Ltd
- Unit 20 let to Plumbase
- Low rent of £4.54 per sq ft
- WAULT 2.84 years to expiry (1.86 years to break)
- Total gross rent £56,000 pa (Net rent £42,000 pa)
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Description
Two Industrial/warehouse Units Of Steel Portal Frame Construction With Brick And Profile Sheet Clad Roof. Minimum Eaves Height Of 3.2m Rising To 4.1m At The Apex. Attached To Unit 5 Is A Two Storey Office Block Under A Flat Roof. Externally Unit 5 Has A Tarmac Forecourt Providing Staff And Customer Parking.
Location
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LSH-Newcastle Upon Tyne
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Property ID: 153481
Investment For Sale, Newcastle Upon Tyne, Tyne and Wear
£375,000 Freehold
5 & 20 Penn Street, Newcastle Upon Tyne, Tyne and Wear, NE4 7BG
LSH-Newcastle Upon Tyne
View all properties
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LSH-Newcastle Upon Tyne