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