£1,300,000

Office for sale

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Just added

Guide price

£1,300,000

Office for sale

Merlin House, Team Valley Trading Estate, Gateshead NE11

Local area information

Property location

Nearby amenities

  • Lobley Hill Primary School 0.5 miles
  • Joseph Swan Academy 1 mile
  • Dunston 1.1 miles
  • Newcastle 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Located within the established Team Valley Trading Estate
  • On site car park, c50 bays
  • 3 minute drive to the A1(M)
  • Under 10 minute drive to the Metrocentre
  • 15 minute drive the Newcastle city centre
  • Available for sale or to lease
  • Two stylish kitchens and breakout areas
  • Shower facilities
  • Passenger lift
Merlin House is a prominent, purpose-built four-storey office building situated in the heart of Team Valley, one of the North East’s most established commercial locations. The property is offered with vacant possession and provides a flexible, well-proportioned layout suited to a wide range of occupiers.

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration.

Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors.

This is a strong opportunity for an owner occupier or investor to acquire or lease a high-quality office building in a well-connected, highly sought-after business location.
Terms

Sale: The property is available by way of long leasehold for £1,300,000 (One Million Three Hundred Thousand Pounds). 125 years from 19th September 2001.
Lease: The property is available as a whole for or in part with terms to be negotiated from £10 psf.
VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Rating

We are advised that the rateable value of the premises is £83,500. The estimates Business Rates are £40,080 per annum. However, interested parties should confirm the current position with the Local Authority.
Viewing

To arrange a viewing, please contact Bradley Hall on the contact details below.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bradley Hall. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bradley Hall for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Gateshead
  5. Team Valley Trading Estate
  6. Princesway