£5,000,000
Business park for sale
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Just added
Guide price
£5,000,000
Business park for sale
Earlsway Trade Park, Earlsway, Team Valley, Gateshead NE11Local area information
Property location
Nearby amenities
- Kelvin Grove Community Primary School 0.5 miles
- Eslington Primary School (SEN) 0.5 miles
- Dunston 0.9 miles
- Newcastle 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Mulit-let industrial and trade park investment
- Net initial yield of 6.81% assuming purchaser's costs of 6.56% and a reversionary yield based on erv of 7.42%
- Passing rent £363,017 per annum
- 15 units arranged in three separate parades
Bradley Hall is delighted to present Earlsway Trade Park, a prime multi-let industrial and trade park investment situated in the heart of Team Valley, the North East’s premier commercial location.
Positioned prominently on Earlsway, the scheme benefits from exceptional connectivity, located directly adjacent to the A1 Western Bypass via two dedicated junctions, approximately one mile south of Gateshead town centre and three miles south of Newcastle city centre. Team Valley is widely regarded as one of the region’s most established and sought-after industrial estates, home to over 740 businesses employing in excess of 24,000 people.
The property comprises a modern multi-let trade park extending to approximately 43,634 sq ft, arranged across 15 industrial and trade counter units within three separate parades. The rear terrace, constructed circa 2000, provides five units totalling approximately 21,632 sq ft, while the two front parades, developed in 2016, comprise a further nine modern units extending to approximately 22,002 sq ft.
The units are of steel portal frame construction with attractive brick and profiled steel-clad elevations, benefitting from dedicated loading and parking areas. The front parades also incorporate roof-mounted solar panels, providing power generation benefits to occupiers.
Earlsway Trade Park is fully occupied by a diverse mix of regional and national occupiers, providing a strong and resilient income profile. The investment currently produces a passing rent of £363,017 per annum, with opportunities for future rental growth supported by a strong occupational market and limited supply of modern industrial stock across the region.
The property occupies a site area of approximately 2.70 acres (1.096 hectares) and is held part freehold and part long leasehold, with the leasehold element held on a 150-year lease from December 2018 at a peppercorn rent.
Team Valley continues to experience strong occupier demand, underpinned by excellent transport infrastructure, proximity to major population centres and continued rental growth across the industrial sector. Nearby occupiers include Royal Mail, Booker, dpd, De La Rue and Express Engineering, alongside extensive retail and leisure amenities at Team Valley Retail World.
Investment Summary
- Prime multi-let trade park investment
- Located within Team Valley, the North East’s premier industrial location
- Excellent road connectivity via the A1 Western Bypass
- Modern accommodation extending to 43,634 sq ft
- Fully income-producing asset with passing rent of £363,017 per annum
- Strong reversionary potential and asset management opportunities
- Site area of approximately 2.70 acres
- Offers sought in excess of £5,000,000
For further information or to arrange a viewing, please contact Bradley Hall’s commercial agency team.
Positioned prominently on Earlsway, the scheme benefits from exceptional connectivity, located directly adjacent to the A1 Western Bypass via two dedicated junctions, approximately one mile south of Gateshead town centre and three miles south of Newcastle city centre. Team Valley is widely regarded as one of the region’s most established and sought-after industrial estates, home to over 740 businesses employing in excess of 24,000 people.
The property comprises a modern multi-let trade park extending to approximately 43,634 sq ft, arranged across 15 industrial and trade counter units within three separate parades. The rear terrace, constructed circa 2000, provides five units totalling approximately 21,632 sq ft, while the two front parades, developed in 2016, comprise a further nine modern units extending to approximately 22,002 sq ft.
The units are of steel portal frame construction with attractive brick and profiled steel-clad elevations, benefitting from dedicated loading and parking areas. The front parades also incorporate roof-mounted solar panels, providing power generation benefits to occupiers.
Earlsway Trade Park is fully occupied by a diverse mix of regional and national occupiers, providing a strong and resilient income profile. The investment currently produces a passing rent of £363,017 per annum, with opportunities for future rental growth supported by a strong occupational market and limited supply of modern industrial stock across the region.
The property occupies a site area of approximately 2.70 acres (1.096 hectares) and is held part freehold and part long leasehold, with the leasehold element held on a 150-year lease from December 2018 at a peppercorn rent.
Team Valley continues to experience strong occupier demand, underpinned by excellent transport infrastructure, proximity to major population centres and continued rental growth across the industrial sector. Nearby occupiers include Royal Mail, Booker, dpd, De La Rue and Express Engineering, alongside extensive retail and leisure amenities at Team Valley Retail World.
Investment Summary
- Prime multi-let trade park investment
- Located within Team Valley, the North East’s premier industrial location
- Excellent road connectivity via the A1 Western Bypass
- Modern accommodation extending to 43,634 sq ft
- Fully income-producing asset with passing rent of £363,017 per annum
- Strong reversionary potential and asset management opportunities
- Site area of approximately 2.70 acres
- Offers sought in excess of £5,000,000
For further information or to arrange a viewing, please contact Bradley Hall’s commercial agency team.
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