Office building, Newcastle, United Kingdom

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Office building, Newcastle, United Kingdom

20,934,000 €
2,524 € /m²
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  • Total area
    8,292 m²
  • Yield
    6.5%
Details
Property parameters
  • Number of parking lots: 450
Financial performance
  • Annual income: 1,343,500 €
Tenants
  • Fully let
  • 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 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.

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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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