Units F19/F20, The Avenues
Savills commercial SOLD

Units F19/F20, The Avenues, Team Valley, Gateshead, Tyne & Wear NE11 0NJ

£720,000 Score 4.5/10

Opportunities

  • £60/sqft
  • 8.3% GIY

Risks

  • 1326% above market avg

Lot details

  • To be offered on Wednesday 22 April
  • Substantial Industrial Investment
  • Let to Tyne Tees Ceramics Ltd on a 10 year lease from September 2017
  • Comprises approximately 1,214.15 sq m (12,100 sq ft)
  • 5.60m haunch and 7.10m apex heights
  • Low rent reflects £4.96 psf
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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.