Guide price
£1,300,000
Office for saleMerlin House, Team Valley Trading Estate, Gateshead NE11
About this property
Located within the established Team Valley Trading Estate
On site car park, c50 bays
3 minute drive to the A1(M)
Under 10 minute drive to the Metrocentre
15 minute drive the Newcastle city centre
Available for sale or to lease
Two stylish kitchens and breakout areas
Shower facilities
Passenger lift
Merlin House is a prominent, purpose-built four-storey office building situated in the heart of Team Valley, one of the North East’s most established commercial locations. The property is offered with vacant possession and provides a flexible, well-proportioned layout suited to a wide range of occupiers.
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.
This is a strong opportunity for an owner occupier or investor to acquire or lease a high-quality office building in a well-connected, highly sought-after business location.
Terms
Sale: The property is available by way of long leasehold for £1,300,000 (One Million Three Hundred Thousand Pounds). 125 years from 19th September 2001.
Lease: The property is available as a whole or in part with terms to be negotiated from £10 psf.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Rating
We are advised that the rateable value of the premises is £83,500. The estimates Business Rates are £40,080 per annum. However, interested parties should confirm the current position with the Local Authority.
Viewing
To arrange a viewing, please contact Bradley Hall on the contact details below.
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.
This is a strong opportunity for an owner occupier or investor to acquire or lease a high-quality office building in a well-connected, highly sought-after business location.
Terms
Sale: The property is available by way of long leasehold for £1,300,000 (One Million Three Hundred Thousand Pounds). 125 years from 19th September 2001.
Lease: The property is available as a whole or in part with terms to be negotiated from £10 psf.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Rating
We are advised that the rateable value of the premises is £83,500. The estimates Business Rates are £40,080 per annum. However, interested parties should confirm the current position with the Local Authority.
Viewing
To arrange a viewing, please contact Bradley Hall on the contact details below.
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Monthly repayment
£6,503 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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