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Prime Business Park Office Investment, 7A, 7B and 8 Cobalt Business Park, Newcastle upon Tyne, NE27 0QJ

81,731 Sq Ft / Offices

Withdrawn - Last updated: 26 April 2023



- High quality office investment opportunity.
- Premier business park in the North East.
- 3 high specification buildings.
- BREEAM ratings of ‘very good’.
- Fully income producing £XXX p.a.
- Asset management opportunities.
- Tenants include G4S and Formica providing excellent covenants.
- 1 vacant building with the benefit of a developer guarantee.
- WAULT of 3.61 years to breaks and 4.80 years to expiries.
- Seeking offers in excess of £XXXM exclusive of VAT.
- Attractive net initial yield of 9.96%.
- Attractive capital rate of £XXX per sq ft.


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