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Richard Stannard House Bridge St 12,551 SF Vacant Office Building Blyth NE24 2AG $734,077 ($58.49/SF)

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INVESTMENT HIGHLIGHTS

  • Ideally situated in the town centre providing ease of access to local amenities with public car parking facilities located directly behind the property.
  • Suitable for residential conversion subject to planning.
  • Office accommodation provided over ground, first and second floor levels.
  • Ground floor retail units currently income producing.

EXECUTIVE SUMMARY

The property is located on Bridge Street, Blyth, which is approximately 16 miles to the north east of Newcastle upon Tyne, 16 miles south of Morpeth and 9 miles to the south of Ashington. Blyth is accessible via the A189 trunk road and Richard Stannard House is located in the town centre accessed from Bridge Street. The property is within close proximity to local amenities with public car parking facilities located directly behind the property.
Office Property For Sale - 1,116.03 SQ M (12,551 SQ FT) Richard Stannard House comprises a part two, part three storey framed building, with cavity brick elevations lying beneath a pitched roof with a tile covering. The windows are of timber frame single glazed construction, with stone cills and lintels, with the rainwater goods being of metal construction. The property is split to accommodate self-contained retail units to the ground floor, with office suites to the upper floors. Internally the property offers predominantly open plan office accommodation over ground and first floor levels.
Ideally situated in the town centre providing ease of access to local amenities with public car parking facilities located directly behind the property Office accommodation provided over ground, first and second floor levels Suitable for residential conversion subject to planning Ground floor retail units currently income producing For Viewings & Further Information, Please Contact Our Agents: BNP Paribas Real Estate Newcastle Office Agency Support Team - Aidan Baker and Aleksander Roszczyniala

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
12,551 SF
Building Class
B
Year Built
2000
Price
$734,077
Price Per SF
$58.49
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,276 SF

AMENITIES

  • Kitchen
  • Central Heating
  • Demised WC facilities
  • Perimeter Trunking
  • Recessed Lighting
  • Drop Ceiling

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Bliss Services Ltd
  • -
  • 1,259 SF
  • $7.46
  • TBD
  • Apr 2017
  • -
  • 1,700 SF
  • $9.34
  • -
  • May 2025

On 1 February 2105 the ownership of Cumbria and Lancashire Community Rehabilitation Company transferred to Sodexo as part of the Government's Transforming Rehabilitation programme. Transforming Rehabilitation is a programme of reform that changes the way offenders are managed in the community. It builds on historic good practice while providing greater scope for innovative approaches to reducing reoffending. Following a national competition and share sale, Sodexo, in parttnership with crime reduction charity Nacro, took ownership of six Community Rehabilitation Companies in England. Cumbria and Lancashire Community Rehabilitation Company is one of those six. With more than two decades delivering justice services across the UK and with a portfolio of five prisons, Sodexo brings a wealth of experience in managing and reducing reoffending. Nacro's position as the country's leading crime reduction charity also brings a strong heritage of helping offenders turn their lives around. Whi

  • -
  • 1,937 SF
  • $6.71
  • -
  • Apr 2020

Our Vision Includes: Promoting, valuing and respecting the dignity of individuals to take their rightful place in communities. Providing support to individuals to live meaningful and valued lives within their communities. Being committed to partnerships and collaboration both with other providers and with users, their friends and families. Our Values Include: We believe in the possibility of recovery even with lifelong mental illness. We support health equality across the whole community. We will challenge any stigma towards people with mental health needs and promote positive attitudes to mental health. We are a thoughtful and caring employer and service provider embracing diversity.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Bliss Services Ltd - 1,259 SF $7.46 TBD Apr 2017
- 1,700 SF $9.34 - May 2025
- 1,937 SF $6.71 - Apr 2020
  • Listing ID: 29097608

  • Date on Market: 6/7/2023

  • Last Updated:

  • Address: Bridge St, Blyth NE24 2AG

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