Commercial Property in Newcastle Upon Tyne available for sale
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Residential Offices for Sale near the Newcastle Upon Tyne, UK

Explore the Latest Newcastle Upon Tyne, UK Residential Offices for Sale

Office Properties for Sale Near the Newcastle Upon Tyne, UK

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

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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
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More details for 10-12 Framlington Pl, Newcastle Upon Tyne - Office for Sale

10-12 Framlington Pl

Newcastle Upon Tyne, NE2 4AB

  • Office for Sale
  • £1,200,000
  • 7,296 sq ft
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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
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More details for 3 & 4 North Ter, Newcastle Upon Tyne - Office for Sale

3 & 4 North Ter

Newcastle Upon Tyne, NE2 4AD

  • Office for Sale
  • £430,000
  • 5,062 sq ft

Newcastle Upon Tyne Office for Sale

The property is situated on Claremont Road and makes up part of North Terrace. The area immediately surrounding the subject property is predominantly residential with some commercial uses. Newcastle city centre is 0.5 miles away and can be accessed by foot in just under 15 minutes. Access to Claremont Road is directly off the A167 (M). The A167 provides routes both North and South and connects with the A696, which allows Newcastle Airport to be accessed in 10 minutes. Newcastle has excellent public transport links. The metro service provides routes throughout Tyne and Wear. Newcastle also has a bus services which providing access to the wider north-east region Prime Edge of City Centre redevelopment opportunity. Currently presenting as a mix of office and residential with car parking. Existing Office/residential buildings of 3,403 sq ft Set across 4 floors 5 car parking spaces to the south of the property Strategically located in student residential area Directly adjacent to Newcastle University and a short walk from Northumbria University Available with Full Vacant Possession 3 & 4 North Terrace comprise two, mid-terraced four storey brick-built office/residential buildings on Claremont Road in Newcastle Upon Tyne. 3 North Terrace has office accommodation on the lower three floors with residential accommodation on the top floor. 4 North Terrace has office accommodation on the lower ground level and one-bedroom flats on the upper three levels.

Contact:

Avison Young

Date on Market:

02/06/2025

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FAQs about Newcastle Upon Tyne Residential Offices For Sale

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How many Residential Office listings are available for sale in Newcastle Upon Tyne?
There are currently 2 Residential Offices on the market in and around Newcastle Upon Tyne.
How much does it cost to buy Residential Office in Newcastle Upon Tyne?
Asking prices in Newcastle Upon Tyne range based on market conditions.

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