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Investment Highlights

  • Located within the established Team Valley Trading Estate
  • 15 minutes to Newcastle city centre
  • Under 10 minutes to the Metrocentre

Executive Summary

Available for sale or to lease.
The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
11,342 SF
Building Class
B
Year Built
2002
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,780 SF
Building FAR
0.18
Lot Size
1.47 AC
Parking
52 Spaces (4.9 Spaces per 1,000 SF Leased)

Amenities

  • Energy Performance Rating - D
  • Roof Terrace
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 3,500 SF
  • Office
  • Partial Build-Out
  • Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • 1st Floor
  • 3,500 SF
  • Office
  • Partial Build-Out
  • Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • 2nd Floor
  • 3,500 SF
  • Office
  • Partial Build-Out
  • Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • Mezzanine
  • 842 SF
  • Office
  • Partial Build-Out
  • Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

Space Size Space Use Condition Available
Ground 3,500 SF Office Partial Build-Out Now
1st Floor 3,500 SF Office Partial Build-Out Now
2nd Floor 3,500 SF Office Partial Build-Out Now
Mezzanine 842 SF Office Partial Build-Out Now

Ground

Size
3,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
3,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
3,500 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Mezzanine

Size
842 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground

Size 3,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

1st Floor

Size 3,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

2nd Floor

Size 3,500 SF
Space Use Office
Condition Partial Build-Out
Available Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

Mezzanine

Size 842 SF
Space Use Office
Condition Partial Build-Out
Available Now

The building features generous open-plan office floors complemented by smaller private office suites and dedicated meeting rooms, allowing teams to configure the space around their operational needs. Two modern kitchens and breakout areas support staff wellbeing and create natural hubs for collaboration. Externally, Merlin House benefits from ample on-site car parking, a key advantage for businesses seeking convenience for employees and visitors. Lease: The property is available as a whole or in part with terms to be negotiated from £9.00 psf.

  • Listing ID: 39802445

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: Princes Way, Gateshead NE11 0NF

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