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Investment Highlights

  • Located within the established Team Valley Trading Estate
  • 15 minutes to Newcastle city centre
  • Under 10 minutes to the Metrocentre

Executive Summary

Available for sale or to lease.
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.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
11,342 sq ft
Costar Property Class
B
Year Built
2002
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,780 sq ft
Plot ratio
0.18
Total Plot Size
1.47 ac
Parking
52 Spaces (4.9 Spaces per 1,000 sq ft Leased)

Amenities

  • EPC - D
  • Roof Terrace
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 3,500 sq ft
  • Office
  • Partial Fit-Out
  • Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • 1st Floor
  • 3,500 sq ft
  • Office
  • Partial Fit-Out
  • Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • 2nd Floor
  • 3,500 sq ft
  • Office
  • Partial Fit-Out
  • Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • Mezzanine
  • 842 sq ft
  • Office
  • Partial Fit-Out
  • Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

Space Size Space Use Condition Available
Ground 3,500 sq ft Office Partial Fit-Out Now
1st Floor 3,500 sq ft Office Partial Fit-Out Now
2nd Floor 3,500 sq ft Office Partial Fit-Out Now
Mezzanine 842 sq ft Office Partial Fit-Out Now

Ground

Size
3,500 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

1st Floor

Size
3,500 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Floor

Size
3,500 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Mezzanine

Size
842 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground

Size 3,500 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

1st Floor

Size 3,500 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

2nd Floor

Size 3,500 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

Mezzanine

Size 842 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

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. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • Listing ID: 39802445

  • Date on Market: 17/03/2026

  • Last Updated:

  • Address: Princes Way, Gateshead NE11 0NF

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