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Offers over

£9,735,000

(£1,000,000.00/sq. ft)

Office for sale
Grey Street, Newcastle Upon Tyne NE1

    • 10 sq. ft

Added on 23/08/2024

About this property

  • Buy-to-Let Opportunity

  • Long Term Tenant Currently Situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Large Primary Business Area

  • Parking Spaces Available

  • Investment potential detailed below (Let Property Pack)

This is a commercial office units located in Newcastle Upon Tyne with a tenant situated that is currently generating a steady, rewarding rental income for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features meeting rooms, storage space, bathrooms, pantry, diner and parking spaces available.

Investment details

It currently produces an annual gross income of £610,560 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

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Monthly repayment

£48,699 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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