Ensign House - Green Lane 2 Industrial Properties Offered at £995,000 in Gateshead





INVESTMENT HIGHLIGHTS
- Located approximately 5 miles south east of the City Centre
- Transport links
- Adjacent to the A184
EXECUTIVE SUMMARY
Industrial/Residential investment fully let for sale freehold interest.
Offers over £1.2m which represents a net effective yield of 9,31% taking into account reasonable purchasers costs at 5.92%.
Offers over £1.2m which represents a net effective yield of 9,31% taking into account reasonable purchasers costs at 5.92%.
PROPERTY FACTS
Price | £995,000 |
Price / SF | £73.00 / SF |
Net Initial Yield | 11.23% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 13,630 SF |
Total Land Area | 0.71 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
Ensign House
Green Ln, Gateshead NE10 0QH |
Industrial | 9,952 SF | 1961 | - |
Rear Of Ensign House
Green Ln, Gateshead NE10 0QH |
Industrial | 3,678 SF | 1995 | - |
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