Galaxy Real Estate HQ Presents a Prime Freehold Investment in Newcastle Upon Tyne:
- Rental Income: £90,000 PA
- Size: 16,226 SQ FT
- Located in a Prime Location in Benton Square Industrial Estate, Newcastle
This property compromises a single storey, steel framed, warehouse unit with a small two storey office and welfare block. The external walls are of cavity brickwork to a dado level above which profile steel cladding. The roof is double pitched and of corrugated asbestos cement sheeting incorporating recently renewed translucent roof lights. Internally the unit has concrete floors throughout and a internal clear height of 4.0 metres rising to 6.3m at the apex. There is a 2 storey block comprising reception office, kitchen area, WC and shower at ground level and two private offices at mezzanine level. Externally there is a tar macadam forecourt / car parking area with security fencing and an electrically operated steel sliding entrance gate. Vehicular access to the unit is by way of 2 steel roller shutter loading doors (5.0m wide x 4.6m high)
NE12 9TA benefits from excellent road connectivity, making it convenient for both local and regional travel. The A191 (Benton Road) runs nearby, providing a direct route into Newcastle city center and connecting the area to surrounding suburbs such as Heaton and Jesmond. The A19, located to the east, offers quick access to Sunderland, Teesside, and other destinations further south, as well as connections to the Tyne Tunnel for northbound journeys. For longer-distance travel, the A1(M) is easily reachable, serving as a major north-south route linking Newcastle to Edinburgh and London. Additionally, local roads, including Station Road and Whitley Road, provide smooth links to neighboring areas like Forest Hall, Longbenton, and Wallsend, ensuring accessibility for residents and commuters alike.
Warehouse & Offices -16,226 Sq Ft
This site is available to purchase freehold. A Tenant is on an active lease. Current Rental Income is £90,000 per annum,
The leases have rent reviews which allow any purchaser the option to increase rents at the suitable rent review dates.
We are advised that VAT is applicable on this property. Interested parties are advised to make their own enquiries accordingly.
Viewings are by appointment with sole agents, Galaxy Real Estate HQ.
Navneet Grover
commercial@galaxyrealestate.co.uk
07359 578778
Kevneet Grover
commercial@galaxyrealestate.co.uk
07947 636931
.
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
Benton Square Industrial Estate, , NE12
