Property Information
Address:
8 Bankside, Gateshead, Tyne And Wear
, NE11 9SY
, Tyne and Wear
, United Kingdom
Price: Property no longer available.
Size: 1850 sq ft172 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH640423
Property Ref/Agent: 725
*Please use the agent ref when calling the agent directly.
Property description
HIGH YIELDING SELF-CONTAINED OFFICE INVESTMENT
- Fully let to Deminos Consulting Limited (CRN 10268198) Creditsafe rating 72A.
A wholly owned subsidiary of Marlowe plc (Creditsafe rating 78A)
- 1850 ft (172 m) plus 6 car parking spaces
- Income £30,000 per annum
-
Ideal for pension fund purchase
- Offers in excess of £285,000, which equates to a net initial unit of 10.2% after allowing for purchasers costs
LOCATION
The property is located on Bankside which forms part of the Watermark development, located adjacent to the Metrocentre and 4 miles east of Newcastle City Centre.
The property benefits from excellent transport links being adjacent to the A1 and also benefits from rail and bus connections to Newcastle and the wider area.
Close by occupiers include Portland Consulting Engineers, Stokoe Rogers
Accountants, Barratt, ITV and Teleperformance.
DESCRIPTION
The property comprises a modern two storey semi-detached office with dedicated car parking.
The ground floor has been partitioned to provide a reception area, private offices and kitchen/staff break out area.
The first floor is open plan and benefits from feature exposed trussed ceiling.
Fully let to Deminos Consulting Limited (CRN 10268198) Creditsafe rating 72A.
A wholly owned subsidiary of Marlowe plc (Creditsafe rating 78A
1850 ft (172 m) plus 6 car parking spaces
Income £30,000 per annum
Ideal for pension fund purchase
Offers in excess of £285,000, which equates to a net initial unit of 10.2% after allowing for purchasers costs
;