Office building, Newcastle, United Kingdom

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Office building, Newcastle, United Kingdom

18,000,000 £
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Total area: 8,292 m² Yield: 6.5%
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Features
  • Operating Incomе: 1,343,500 €
  • Occupancy: 100%
  • Number of parking lots: 450
  • End of lease: 2025

Office building with a large corporate tenant.

Description

The total area of the property is 8,292 m².

There is parking for 450 cars in the territory of the office building.

Type of ownership: Leasehold (125 years).

Financial performance

The cost of the property is 18,000,000 £.

The absolute annual income is 1,170,000 £.

The current yield is 6.5%.

Tenants

The tenant is a large mobile operator in the UK.

The lease agreement is valid until 2025.

Location

The office building is located in an industrial city on the northeastern coast of Great Britain.

Newcastle is a developed cultural and business city in the county of Tyne and Wear.

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Enquire about this office building
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Tyne and Wear
+44 20 3608 1267
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