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Derwent House, Lakeside Court, Fifth Avenue, Team Valley Trading Estate, Gateshead, Tyne and Wear, NE11 0NL

Office
5,100 Sq Ft (473.79 Sq M)
For Sale
£495,000

Rare purchase opportunity

Prominent location in the heart of the Team Valley

Self contained building

Modern specifications with tenant amenities

20 car parking spaces

Jessica Ross

Interested in this property?
Please contact me

jessica@naylorsgavinblack.co.uk 0191 211 1544

Chris Pearson

Interested in this property?
Please contact me

chrisp@naylorsgavinblack.co.uk 0191 211 1555
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Location

Team Valley is adjacent to the A1 Western Bypass and offers excellent access to Newcastle City Centre and the wider conurbation. The estate also benefits from over 34 buses per hour.

Team Valley is home to over 700 businesses across industrial, office and retail accommodation exceeding 6.5m sq ft.

There is an excellent range of retail and leisure amenities including Retail World which has an M & S Food, Boots, Valley Parade, The Valley Farm Pub/Restaurant and at Maingate there is a hotel, health club and various retail outlets.

Derwent House is the first building on Fifth Avenue Business Park which links directly with Queensway North.

Description

Brick built, self contained office building with the following specification:
Cassette air conditioning
LED light fittings
Good decoration and carpeting
Partitioned offices and meeting rooms
Kitchen on each floor
WCs
20 car parking spaces

Terms

125 years from 05/08/1991 at a peppercorn rent with 92 years unexpired.