Octavian Way 5,089 SF Industrial Condo Unit Offered at $611,870 in Gateshead NE11 0HZ
INVESTMENT HIGHLIGHTS
- Located within well established development
- Industrial Location
- Parking
EXECUTIVE SUMMARY
The property is located within Team Valley Trading Estate, one of the North East's busiest and most important commercial estates. Team Valley covers a total area of approximately 238 hectares and provides in excess of 650,000m of commercial accommodation. Octavian Way is located in the south west quadrant of Team Valley Trading Estate close to Retail World and approximately 4.5 miles south of the Newcastle/Gateshead conurbation and has direct access onto the A1 trunk road linking the north and Scotland with the Midlands and south.
PROPERTY FACTS
| Total Building Size | 11,620 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 11,620 SF |
| Year Built | 1987 |
| Lot Size | 13.00 AC |
AMENITIES
- Automatic Blinds
- Air Conditioning
1 UNIT AVAILABLE
Unit Unit 8
| Unit Size | 5,089 SF |
| Price | $611,870 |
| Price Per SF | $120.23 |
| Condo Use | Industrial |
| Sale Type | Owner User |
| Tenure | Freehold |
DESCRIPTION
The property is a semi-detached office/warehouse unit of steel portal frame construction with brickwork/blockwork walls up to approximately 2m with insulated profile metal walls and pitched roof with translucent lights. There are recently extensively updated attractive offices over two floors consisting of open plan and meeting rooms together with small kitchen/canteen and WC facilities. These areas are carpeted throughout and provide suspended ceilings, LED lighting and gas fired heating. The warehouse has gas blower heaters, LED lighting and a roller shutter door measuring 3.6m wide by 4.2m high. This opens out to a loading area with a number of car parking spaces. The eaves height extends to approximately 5.5m.
SALE NOTES
£450,000 exclusive.
