Office building, Newcastle, United Kingdom

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Office building, Newcastle, United Kingdom

18,000,000 £
2,170 £ /m²
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  • Total area
    8,292 m²
  • Yield
    6.5 %
  • Rental rate (m²/month)
    11 £
Property parameters
  • Number of parking lots: 450
Financial performance
  • Annual income: 1,116,299 £
  • Fully let
  • End of lease: 2025

Office building with a large corporate tenant.


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%.


The tenant is a large mobile operator in the UK.

The lease agreement is valid until 2025.


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.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other office buildings for sale in the United Kingdom.

You can see more office buildings for sale in Tyne and Wear elsewhere on our website.

Statistics in the United Kingdom

Price per m², £
Healthcare efficiency level
Index 75 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 3,861.45
Apartment in a bedroom community, m² 2,655.08
Transport Price, £
Public transport, 1 ride 2.22
Monthly travel card 55.55
Taxi, 1 km 1.73
Petrol, 1 l 1.16
Food Price, £
Water, 1.5 l 0.9
Milk, 1 l 0.84
White bread, 500 g 0.91
Eggs, a dozen 1.72
Chicken fillet, 1 kg 5.31
Education Price, £
Kindergarten, per month 804.67
International school, per year 11,913.49
Health care index
Staff competence 74.52
Medical equipment 84.58
Research accuracy and completeness 72.47
Attitude towards patients 77.82
Security index
Crime rate 48.94
The risk of being robbed 41.2
The risk of car theft 41.77
The risk of break-in and property damage 51.92

The data is provided by and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Tyne and Wear
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