Commercial Property in NE27 available for sale
5

Commercial Properties for Sale in the NE27, Newcastle Upon Tyne

Explore the Latest NE27 Commercial Property for Sale

More details for The Silverlink N, Newcastle Upon Tyne - Office for Sale

Cobalt 13A - The Silverlink N

Newcastle Upon Tyne, NE27 0QJ

  • Office for Sale
  • £1,750,000
  • 30,165 sq ft
  • Energy Performance: C
  • Air Conditioning
  • Natural Light
  • Raised Floor

Newcastle Upon Tyne Office for Sale - North Tyneside

Cobalt Park is situated on the junction of the A19 and the A1058 Coast road approximately 10 minutes northeast of Newcastle City Centre. Cobalt 13a is centrally situated on the north section of the park with Accenture and Wealth Tek who occupy the adjacent buildings. Amenities on the Park include a Tesco convenience store, Greggs, Cobalt Coffee and Deli, Eat4less, and a Busy Bees day nursery. Silverlink Retail Park, adjacent to Cobalt Park, provides an excellent retail and leisure offering, including an Odeon cinema, M&S, Next, Currys, Frankie & Benny’s and Pizza Hut. A Village Hotel together with Spa and Gym is located at the northern entrance to Cobalt Park. A new 80 bed Travelodge hotel has also opened at the centre of the park. Cobalt 13A, high yielding modern multi-let office investment extending to 30,406 sq ft. Cobalt 13a is a modern three storey office building providing 2,802.4 sq m (30,165 sq ft). Multi-let to Det Norske Veritas, Neutron VR, Microvention and Reed in Partnership. Excellent covenant strengths with all tenants presenting a minimum or lower than average risk of business failure. Annual rent of £411,771 equating to a low rent of £16.35 psf. Strong occupational velocity following the completion of the new letting and re-gear. Added value through letting the vacant space to increase rental income. WAULT on let space of 4.07 years to expiry and 2.43 years to break. 125 year long leasehold at a peppercorn rent. Offers in the region of £2,000,000 reflecting a net initial yield of 16.3% and a capital value of £79 psf, assuming standard purchasers’ costs of 6.36%. The yield will rise to 19.56% on letting of vacant space based on an ERV of £16.50 per sq ft. Grade A office building providing 30,165 sq ft over three storeys Cobalt is the largest office park in the UK comprising 1.618m sq ft of modern accommodation 125 year long leasehold at a peppercorn rent Excellent car parking provision of 1:239 sq ft Air Conditioning Double height feature reception and atrium Outstanding on-site and nearby amenities 3m floor to ceiling height Kitchen facilities Attractive glass façade

Contact:

BNP Paribas Real Estate UK

Date on Market:

09/05/2025

Hide
See More
More details for 5 Quick Silver Way, Newcastle Upon Tyne - Office for Sale

Cobalt 9c - 5 Quick Silver Way

Newcastle Upon Tyne, NE27 0QQ

  • Office for Sale
  • £8,420,000
  • 55,803 sq ft
  • Energy Performance: B
  • Air Conditioning
  • Suspended Ceilings
  • DDA Compliant
  • Reception

Newcastle Upon Tyne Office for Sale

• Recently re-geared (May 2024) office investment opportunity, with the tenant extending their occupation across all leases • The property extends to 55,803 sq ft NIA • Fully-let to Accenture (UK) Limited on leases which expire on 20 December 2035, therefore providing an unexpired term of approximately 10.30 years to expiry • The leases contain a tenant break option in December 2030 • Let at a low passing rent of £920,748 per annum, equating to just £16.50 per sq ft • The property has been comprehensively fitted out by the occupier and is operational 7-days a week • The tenant has a 4A 1 D&B Rating with turnover in excess of £3bn, a pre-tax profit of £123m and a tangible net worth of £17m • Provides excellent sustainable and environmental credentials, with no reliance on natural gas for heating the building • Rated EPC A (Oct-33 expiry) and BREEAM ‘Excellent’ • Desirable car parking ratio of 1:241 sq ft with 232 car parking spaces • The site extends to approximately 3-acres (1.23 hectares) • Established business park location which continues to attract large blue chip tenants • Location set to be enhanced by the opening of a new station in 2026 at Northumberland Park Transit Interchange as part of the re-opening of the Northumberland Line, just 5 minutes drive away

Contact:

Dowley Turner Real Estate

Date on Market:

01/10/2024

Hide
See More
More details for The Silverlink N, Newcastle Upon Tyne - Office for Sale

Cobalt 30 - The Silverlink N

Newcastle Upon Tyne, NE27 0BY

  • Office for Sale
  • 63,507 sq ft
See More
More details for Silver Fox Way, Newcastle Upon Tyne - Office for Sale

Cobalt 3.1 - Silver Fox Way

Newcastle Upon Tyne, NE27 0QJ

  • Office for Sale
  • £2,000,000
  • 55,418 sq ft
See More
1-5 of 5

FAQs about Commercial Properties For Sale in NE27

See All Properties For Sale
How many Commercial Property listings are available for sale in NE27?
There are currently 5 Commercial Properties available for sale near NE27. These NE27 Commercial Property listings have an average size of. The largest available listing in NE27 is. The thriving commercial centre and excellent transport links in NE27 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in NE27?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in NE27 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in NE27?
There is a diverse range of commercial properties available in NE27 to suit various business needs. NE27 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 NE27 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the NE27, Newcastle Upon Tyne

You searched for commercial property for sale in NE27. Explore 5 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.