1,061.92 sq m (11,431 sq ft) modern office accommodation offered with vacant possessionOf interest to owner occupiers and investors
Established office area between Cobalt Business Park and Silverlink Retail Park
Site area of approximately 1.231 acres with on-site parking for approximately 37 cars
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 80
Auction 23rd March 2016
Vacant Possession
Status Sold
Price £340,000
Sector Office
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
5.5 miles west of Newcastle upon Tyne, 20 miles north of Durham
Roads
A19, A1058
Rail
Percy Main Metro, Newcastle Rail
Air
Newcastle International
Situation
The property is situated on the northern side of Kingfisher Way within Silverlink Business Park, a modern office development which lies between the UK’s largest office park Cobalt Business Park and Silverlink Retail Park, which houses retailers including Marks & Spencer, Boots, McDonald’s and Next, as well as an Odeon Cinema. The location provides excellent access to the A19 and A1058, which provides direct access to Newcastle city centre, approximately 5.5 miles to the west.
Tenure
Long Leasehold. Held for a term of 125 years from 14th September 1990 until 2115 at a peppercorn rent.
Location
Miles
5.5 miles west of Newcastle upon Tyne, 20 miles north of Durham
Roads
A19, A1058
Rail
Percy Main Metro, Newcastle Rail
Air
Newcastle International
Situation
The property is situated on the northern side of Kingfisher Way within Silverlink Business Park, a modern office development which lies between the UK’s largest office park Cobalt Business Park and Silverlink Retail Park, which houses retailers including Marks & Spencer, Boots, McDonald’s and Next, as well as an Odeon Cinema. The location provides excellent access to the A19 and A1058, which provides direct access to Newcastle city centre, approximately 5.5 miles to the west.
Tenure
Long Leasehold. Held for a term of 125 years from 14th September 1990 until 2115 at a peppercorn rent.
Description
The property comprises a modern detached two storey office building with ground floor reception area. Providing predominantly open plan accommodation, the property provides raised access floors, suspended ceilings with recessed lighting and air conditioning in parts, as well as an 8 person lift. Externally, the property benefits from a site area of approximately 0.498 hectares (1.231 acres) and car parking for some 37 cars.
VAT
VAT is applicable to this lot.
Viewings
There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)20 7034 4863.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern detached two storey office building with ground floor reception area. Providing predominantly open plan accommodation, the property provides raised access floors, suspended ceilings with recessed lighting and air conditioning in parts, as well as an 8 person lift. Externally, the property benefits from a site area of approximately 0.498 hectares (1.231 acres) and car parking for some 37 cars.
VAT
VAT is applicable to this lot.
Viewings
There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)20 7034 4863.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground Ground First
Reception Office Office
49.24 sq m 477.97 sq m 534.71 sq m
(530 sq ft) (5,145 sq ft) (5,756 sq ft)
VACANT POSSESSION
Totals
1,061.92 sq m
(11,431 sq ft)
Contacts
Seller's Solicitors
BrookStreet des Roches LLP 25A Western Avenue, Milton Park Abingdon Oxfordshire OX14 4SH
