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Just added
£6,419,500
(£105.28/sq. ft)
Industrial for sale
Fifth Avenue, Team Valley Trading Estate, Gateshead NE1160,973 sq. ft
Local area information
Property location
Nearby amenities
- Joseph Swan Academy 0.4 miles
- Oakfield Infant School 0.5 miles
- Dunston 1.9 miles
- Newcastle 2.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- A unique opportunity to acquire a portfolio of five, prime industrial units across the North East of England
- Over 80% of the portfolio income to 'Creditsafe 100 / A' or nhs entities
- Low passing rent across the portfolio
- At the time of marketing the reversionary yield sits at c. 7.79%
- The reversionary income can be realised across c. 55% of the portfolio in under a 3 year period
- £6,419,500 reflects a reversionary yield of 7.79% and a low overall capital value of c. £105.28 /ft.
Five modern, high specification units reflecting current occupier and investor demands
Excellent access to the transport infrastructure both by road and sea nationally and internationally
Good range of unit sizes offered suit a large number of storage, distribution, manufacturing and logistics occupiers
Liquid assets with opportunity for future individual disposals or sales to owner occupiers at a premium
Immediate access to a rostrum of extremely strong tenant income
Attractive WAULT of 9.06 years to expiry and 7.23 years to break
Low passing rent across the portfolio
Tier of the market which is experiencing significant upward pressure on rents - at the time of marketing the reversionary yield sits at c. 7.79%
Over 80% of the portfolio income to 'Creditsafe 100 / A' or nhs entities
Excellent access to the transport infrastructure both by road and sea nationally and internationally
Good range of unit sizes offered suit a large number of storage, distribution, manufacturing and logistics occupiers
Liquid assets with opportunity for future individual disposals or sales to owner occupiers at a premium
Immediate access to a rostrum of extremely strong tenant income
Attractive WAULT of 9.06 years to expiry and 7.23 years to break
Low passing rent across the portfolio
Tier of the market which is experiencing significant upward pressure on rents - at the time of marketing the reversionary yield sits at c. 7.79%
Over 80% of the portfolio income to 'Creditsafe 100 / A' or nhs entities
Floor plans and tours
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More information
Listed by
HTA Real Estate
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