Office Space /TWR /Tyne And Wear County /Gateshead /Kingsway
Office Space /TWR /Tyne And Wear County /Gateshead /Kingsway

Kingsway - Office CONDO FOR SALE


Gateshead, TWR NE11 0JQ | 
$50,000 USD
Kingsway, Gateshead, TWR for Sale
$50,000 USD
Office CONDO - FOR SALE
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Kingsway
Gateshead, TWR NE11 0JQ

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HIGHLIGHTS

  • Located on the well established Team Valley Trading Estate
  • Neighbouring Occupiers include Dulux Decorator Centre, UPS, Enterprise House, 5th Avenue Business Park, and Sports Direct
  • Guide Price at an Attractive 56% Gross Yield

OVERVIEW

Lot 43 is available for sale at an Acuitus online auction to be held on the 15th of May 2025. The property comprises a long leasehold investment opportunity for sale. The asking price is £50,000, representing a gross initial yield of 56%.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingfisher House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

43,218 SF

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

134

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

TY250529,TY250953,TY251177,TY253304,TY258590,TY258592,TY258603,TY258789,TY258800,TY263094,TY264186,TY271576,TY302854,TY405131,TY442081,TY502623,TY506563,TY553617

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John MehtabAcuitus LtdMore Info

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