- 27,285,000 €
- 4.7% yield
- Tyne and Wear Office building 21,304,000 €
- Basic parameters
- Photo
№ 1,737,112
Office building 8,292 m² in Tyne and Wear
21,304,000 €
2,569 € /m²
- Total area 8,292 m²
- Yield 6.5%
- Cost in euros per m2 2,569 €
- Constructed —
Key project parameters
- Total area
- 8,292 m²
- Number of parking lots
- 450
Project description
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).
Extra information
Car parks
Tenants
- Agreement
- Yes
- End of lease
- 2025
The tenant is a large mobile operator in the UK.
The lease agreement is valid until 2025.
Financial performance
- Yield
- 6.5%
The cost of the property is 18,000,000 £.
The absolute annual income is 1,170,000 £.
The current yield is 6.5%.
Location and nearby infrastructure
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.
More properties
If this ad doesn't suit you, have a look at the other office buildings for sale in Tyne and Wear.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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