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Investment For Sale, Newcastle Upon Tyne

Investment in Newcastle Upon Tyne
Investment in Newcastle Upon Tyne
Investment in Newcastle Upon Tyne
Investment in Newcastle Upon Tyne
£375,000 Freehold

5 & 20 Penn Street, Newcastle Upon Tyne, 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)

Property Details

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.
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LSH-Newcastle Upon Tyne
LSH-Newcastle Upon Tyne View all properties
Investment For Sale, Newcastle Upon Tyne
£375,000 Freehold

5 & 20 Penn Street, Newcastle Upon Tyne, NE4 7BG

Investment · Under Offer · 12,310 sq ft

Property ID: 153481

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LSH-Newcastle Upon Tyne
LSH-Newcastle Upon Tyne View all properties

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LSH-Newcastle Upon Tyne
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