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5-7 Collingwood St 9,411 sq ft 100% Let Office Property Newcastle Upon Tyne NE1 1JE £1,250,000 (£132.82/sq ft)
Investment Highlights
- Freehold development opportunity
- Situated in city centre
- Exceptional transport connectivity
- Available with full vacant possession
- Ground and basement already let
Executive Summary
This is a rare opportunity to acquire a freehold development opportunity in Newcastle city centre. The property is available with full vacant possession, providing an immediate opportunity for adding value. There is also significant opportunity to re-develop the upper floors.
Ground floor and basement let to Quayside News at £20,000 pa.
Ground floor and basement let to Quayside News at £20,000 pa.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
9,411 sq ft
Costar Property Class
B
Year Built
1900
Price
£1,250,000
Price per sq ft
£132.82
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
2,410 sq ft
Floor To Floor Height
10 ft
Plot ratio
1.00
Total Plot Size
0.22 ac
Amenities
- Bus Route
- Signage
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5-7 Collingwood St
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