Office - For sale - Dean Court - Newcastle-Upon-Tyne

Dean Court

22 Dean Street
Newcastle-Upon-Tyne, NE1 1PG

   

  • Multi let office investment located in the heart of the city's premier retail/restaurant area
  • Leased to 3 tenants with a total net rent of £75,090 p.a.
  • Net initial yield of 6.76% with a reversionary yield rising to 11.71% upon leasing of vacant floors

Description

A 5 storey office building of brick construction with a slate covered mansard roof.

Fully refurbished in 2007 providing high quality air conditioned office accommodation.

Location

Newcastle-upon-Tyne is the prime commercial, administrative and financial centre of the north east and is located approximately 12 miles north west of Sunderland.



Energy efficient heating
Perforated metal acoustic suspended ceilings with LG3 compliant recessed lighting
Three compartment perimeter trunking
Male/female WC's on all floors and disabled WC on the ground floor
DDA compliant 8 person passenger lift to all floors
Impressive entrance/reception area
Audio visual door entry system to all floors
Fob reader security system to all floors including control of lift car

Unit / Floor Size SQFT Description
Reception 291
Mezzanine 352 Let to AA Projects Ltd
First floor 2,009 Let to Blue Arrow Ltd
Second floor 2,020 Let to Key Training Ltd
Third floor 1,931 Vacant
Fourth floor 1,720 Vacant
  0
Total 8,323  

Access
  • Parking : Not Known
  • Number of parking places : 0
  • Updated: 31/03/2015
    Reference: 758320
    Office: For sale, Freehold
    8,323  max
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    Your contact

    Mr Jed Wolfe
    29 East Parade
    LS1 5PS

    0113 2376658

    Mr Richard Talbot-Williams
    5 Aldermanbury Square
    EC2V 7HR

    +44 20 7338 4244

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