A freehold industrial investment in Pelaw, Gateshead, comprising self-contained industrial units fully let to six separate occupiers. The units are of steel portal frame construction with roller shutter doors throughout, LED lighting, and concrete flooring, together with ancillary office, kitchen and WC facilities. The site benefits from a secure concrete hardstanding yard with chain link fencing, and eaves heights ranging from a minimum of 3.35m rising to 7.79m at the apex. Held within an SPV, the asset is suitable for investors seeking a multi-let commercial opportunity. Net rental income is £103,056 per annum, reflecting a yield of approximately 9.4%. Asking price is £1,100,000, with a 28-day timescale.
A freehold multi-let industrial investment in Pelaw, Gateshead, comprising self-contained units fully let to six separate occupiers and producing a strong net income yield of approximately 9.4%. The steel portal frame units benefit from roller shutter doors, LED lighting, concrete flooring, and ancillary office, kitchen and WC facilities, set within a secure, fenced concrete hardstanding yard. Well located close to Pelaw Metro Station, local shops, and amenities, the asset offers investors a fully income-producing multi-let opportunity.
Property Overview
Financial Analysis
Secure Deal
Fee to Pay £10560$ 14,070 *$ 20,135 *$ 19,819 *€ 12.367 * (Inc VAT)
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