Marketed by
Lambert Smith Hampton
London (City)
55 Wells St, London W1T 3PT
Under Offer
1 of 3
Guide Price
£375,000
5 & 20 Penn Street, Newcastle Upon Tyne, North East, NE4 7BG
12310 sq. ft (1143.64 m²)
Key features
- Established industrial and trade counter location
- Two 1970s industrial units
- Let to two trade counter operators
- Unit 5 let to Newcastle Heating & Plumbing Ltd
- Unit 20 let to Plumbase
- Low rent of £4.54 per sq ft
- WAULT 2.84 years to expiry (1.86 years to break)
- Total gross rent £56,000 pa (Net rent £42,000 pa)
Description
Two industrial/warehouse units of steel portal frame construction with brick and profile sheet clad roof. Minimum eaves height of 3.2m rising to 4.1m at the apex. Attached to unit 5 is a two storey office block under a flat roof. Externally unit 5 has a tarmac forecourt providing staff and customer parking.
Reference: 2078506_sales
Download Sales Details
Marketed by
Lambert Smith Hampton
London (City)
55 Wells St, London W1T 3PT