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%.

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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  • Listing ID: 33201034

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: Ensign House - Green Lane, Gateshead, TWR