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Well Located Modern Office Investment for Sale, Melbourne House, Melbourne Street, Newcastle upon Tyne, NE1 2JQ
30,995 Sq Ft / Offices
Withdrawn - Last updated: 19 April 2021
- Modern office development in excellent location between prime Newcastle city centre and Quayside.
- Easy links to Tyne and Wear Metro and within walking distance of core retail zone.
- Large integrated car park offering high parking space ratio of 1:373 sq ft in an area where parking is severely restricted.
- The building provides approximately 30,995 sq ft of quality office accommodation with a fully-fitted gymnasium to the ground / basement level.
- Strong tenant profile including government sector occupier.
- Good potential for asset management and conversion to alternative use, including residential or leisure (creating a pub / bar at ground floor).
- Total passing rent £239,160 per annum, with excellent value add opportunities through asset management.
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