Office in Washington available for sale
2

Office Properties for Sale near the Washington, UK

Explore the Latest Washington Office Properties for Sale

Including town-centre offices, serviced suites, business park buildings, co-working spaces, and converted period offices.

More details for Parsons Rd, Washington - Office for Sale

Swallow House - Parsons Rd

Washington, NE37 1EZ

  • Office for Sale
  • £535,000
  • 5,864 sq ft
See More
More details for Egton Ter, Birtley - Office for Sale

Hexham Villa - Egton Ter

Birtley, DH3 1LX

  • Office for Sale
  • £550,000
  • 3,448 sq ft
See More

Office Properties for Sale Within 5 miles of the Washington, UK

More details for Queensway, Gateshead - Office for Sale
  • Matterport 3D Tour

Picture House-Team Valley Trading Estate - Queensway

Gateshead, NE11 0NX

  • Office for Sale
  • £1,500,000
  • 10,877 sq ft
  • Energy Performance: C
  • Air Conditioning
  • Raised Floor
  • Kitchen
  • Reception

Gateshead Office for Sale

Discover a unique opportunity to occupy a self-contained HQ-style office building in a landscaped setting in Gateshead. The building was initially built as a cinema in the 1930s, providing essential welfare amenities for the workers of Queens Park. The property has since undergone significant refurbishment (2006) to provide stunning, open-plan office accommodation, meeting rooms, and functional mezzanine space. Enter the building via a prestigious reception area, complete with a kitchen, staff facilities, and laboratories, offering everything in one place. This flexible accommodation provides the ideal opportunity to adapt the space to suit all operational requirements and align with brand identity. Enjoy a host of green credentials, including extensive natural light, and take the first step toward achieving Net Zero Carbon in the future, alongside reduced occupation costs. Join one of the UK's most successful commercial mixed-use business locations at Queensway in Team Valley. Take advantage of the site's prominence on the A1 Western Bypass, offering quick and easy links to Newcastle upon Tyne, Gateshead, and the wider regional conurbation. For those opting to travel via public transport, the site offers excellent bus service links with Gateshead Interchange and the Tyne and Wear Metro, providing efficient transport for visitors and staff. Take a break from meetings and discover the diverse range of amenities nearby, including Maingate to the north, providing retail, office, hotel, leisure, and restaurant facilities with occupiers Regis, HSBC, Greggs, O'Brien's, Finlay's Newsagents, Bathstore, FX Leisure Gym, and the Premier Inn. To the south of Team Valley is Retail World, a retail park with retailers M&S Food, Boots, Valley Parade Halfords, Wren Kitchen, TK Maxx, and Decathlon. With flexibility, sustainability, and accessibility at the forefront of this property's offering, Picture House offers the ideal setting for forward-thinking occupiers.

Contact:

J K Property Consultants

Date on Market:

04/10/2023

Hide
See More
More details for Ferryboat Ln, Sunderland - Office for Sale

Ferryboat House - Ferryboat Ln

Sunderland, SR5 3JN

  • Office for Sale
  • £650,000
  • 6,459 sq ft
See More
More details for 88 Newbottle St, Houghton Le Spring - Office for Sale

88 Newbottle St

Houghton Le Spring, DH4 4AJ

  • Office for Sale
  • £450,000
  • 9,863 sq ft
See More
More details for Koppers Way, Hebburn - Office for Sale

Apollo Court - Koppers Way

Hebburn, NE31 2ES

  • Office for Sale
  • £500,000
  • 4,054 sq ft
See More

FAQs about Office buildings For Sale in Washington

See All Office Buildings For Sale
How many office properties are available for sale in Washington?
There are currently 2 office premises available for sale near Washington. These Washington offices for sale have an average size of 4,656 sq ft. The largest available office for sale in Washington is 5,864 sq ft. The thriving commercial centre and excellent transport links in Washington make it an ideal location for businesses to find suitable Office Property for sale.
How much does it cost to buy Office Property in Washington?
The average price/SF for Office Property for sale in Washington is about £95. The cost per sq ft for Office Property in Washington ranges from £69 to £121, depending on the location and the size of the property.
What factors could affect the prices of office properties in Washington?
Several factors can impact the price of office buildings, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £69 to £121 per square foot. While the average net initial yield for Office Properties is 9.44%.
What is the largest office building available for sale in Washington?
Currently, the largest office available to buy is 5,864 sq ft and the smallest is 3,448 sq ft. The average size of Office Property available for sale in Washington is approximately 4,656 sq ft.
What types of tenants occupy office buildings in the UK?
Office tenants range from startups and SMEs to multinational corporations. Sectors include finance, legal, technology, media, and professional services. Longer lease terms and strong covenants can make office buildings more attractive to investors.
Are serviced offices or traditional offices better for investment?
Serviced offices offer higher returns but more operational complexity. Traditional long-lease office buildings offer stable income and are generally lower risk. The best choice depends on your investment strategy and appetite for management involvement.
Can office buildings be repurposed or refurbished for higher returns?
Yes. Many investors add value by upgrading office interiors, improving energy efficiency, or converting older stock to mixed-use. High-spec, modern offices with flexible layouts and ESG features often attract premium tenants.
What ESG factors are important for office property investment?
Energy performance (EPC rating), sustainability certifications (e.g. BREEAM), access to natural light, ventilation, and proximity to public transport are increasingly important. Environmentally efficient buildings may achieve better occupancy and rent levels.
What should I consider during due diligence?
Review lease terms, tenant strength, service charges, building condition, planning consents, and local market trends. A commercial solicitor and building surveyor should support your purchase process to minimise risk.

Discover More Office Properties for Sale in the Washington, UK

You searched for office buildings for sale in Washington. Explore 2 listings from leading agents on LoopNet. Whether you're seeking office properties to expand your portfolio, establish a headquarters, or secure a prime investment opportunity, LoopNet provides a diverse selection to meet your needs. Each listing offers detailed information on building features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of office investment properties worldwide, LoopNet is your trusted partner in finding the perfect office investment.

Key Factors to Consider When Investing in an Office Building

Investing in an office building can be a lucrative venture, but it requires careful evaluation. Here are the most important factors to consider:

  • Location & Accessibility
    • Prime locations with strong demand offer higher rental yields.
    • Proximity to public transport, major roads, and amenities increases tenant appeal.
  • Tenant Demand & Occupancy Rates
    • Analyse market demand for office space in the area.
    • Check vacancy rates and existing long-term leases.
  • Rental Yield & Return on Investment (ROI)
    • Compare rental income vs. property price to assess profitability.
    • Consider potential for rental growth over time.
  • Property Condition & Age
    • Older buildings may require costly renovations.
    • Modern buildings with energy-efficient features attract premium tenants.
  • Market Trends & Economic Conditions
    • Evaluate office space demand, remote work trends, and business growth in the area.
    • Check local economic stability and corporate presence.
  • Building Amenities & Features
    • High-speed internet, parking, security, and sustainability features boost property value.
    • Shared meeting rooms and flexible layouts attract a broader tenant base.
  • Legal & Planning Permission
    • Ensure compliance with local planning laws and building codes.
    • Understand lease structures and tenant obligations.
  • Maintenance & Management Costs
    • Factor in ongoing maintenance, property management fees, and service charges.
    • A well-managed building retains tenants and minimizes turnover costs.
  • Future Development & Infrastructure
    • Nearby upcoming developments can impact demand and property value.
    • Infrastructure projects like new transport links can enhance desirability.
  • Exit Strategy
    • Consider long-term value appreciation and potential resale opportunities.
    • Analyse liquidity in the commercial property market.

By carefully evaluating these factors, you can make a more informed investment decision and maximise returns on your office building purchase.

LoopNet - the worlds No. 1 commercial property marketplace.