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120 Lobley Hill Rd

22,555 SF Industrial Building Gateshead NE8 4YG £1,750,000 (£78/SF) 7.26% Net Initial Yield

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Investment Highlights

main road frontage onto Lobley Hill Road
Excellent motorway access A1 which links London to Edinburgh and the A184 which connects the town to Sunderland

Premier industrial location

Executive Summary

A rare opportunity to acquire a secure, single let industrial / distribution investment.
Prominently situated with main road frontage onto Lobley Hill Road, within 0.5 miles of Team Valley, the region’s premier industrial location comprising over 700 acres and 7 million sq ft of business space.
It is also strategically located distribution investment with excellent road communications with the A1 within 0.75 miles.

120 Lobley Hill Road

Property Facts Sale Pending

Price	£1,750,000	Building Class	C
Price Per SF	£78	Rentable Building Area	22,555 SF
Sale Type	Investment	Number of Floors	1
Net Initial Yield	7.26%	Year Built	1980
Tenure	Freehold	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.71/1,000 SF
Property Subtype	Warehouse

Price	£1,750,000
Price Per SF	£78
Sale Type	Investment
Net Initial Yield	7.26%
Tenure	Freehold
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Rentable Building Area	22,555 SF
Number of Floors	1
Year Built	1980
Tenancy	Single
Parking Ratio	0.71/1,000 SF