Summary - MEDIA FIVE 2ND FLOOR EAST, THE MEDIA EXCHANGE, COQUET STREET NE1 2QB
1 bed 1 bath Office
Ready‑to‑use creative workspace near Newcastle city centre and transport links.
- 2,193 sq ft arranged over multiple levels, suited to SMEs
- Fully fitted: boardroom, kitchenette, shower and partitioning
- Cassette air conditioning and suspended ceilings throughout
- 3 on-site car spaces; 2 provided via licence (limited)
- Leasehold tenure — check lease terms and service charges
- Broadband slow; may need upgraded connectivity for modern occupiers
- Area records very high crime and higher deprivation indices
- Strong tenant incentives available to support sale or lease
A compact, fully fitted office unit in the Media Exchange on the Ouseburn — appealing to investors or owner-occupiers seeking a city-centre creative hub. The space extends over ground, first and second/mezzanine levels (2,193 sq ft) and arrives ready for occupation with a fitted boardroom, kitchen and shower facilities, suspended ceilings, carpeting and cassette air conditioning.
The development comprises five architecturally distinctive buildings housing architects, designers and cultural operators; neighbouring blocks are fully occupied, supporting rental demand. On-site provision includes three car spaces (two via licence) — a useful but limited parking allocation — and strong tenant incentives are on offer to assist a sale or lease transition.
Be clear on constraints: the property is leasehold, broadband speeds are reported as slow and the immediate area records very high crime and higher local deprivation indices. These factors affect occupier profiles and may influence insurance, security and connectivity costs. Conversely, public transport access is good and the Ouseburn location sits close to Newcastle city centre and creative amenities, which sustain long-term appeal for small-to-medium professional or creative occupiers.
This is a practical opportunity for an investor targeting city-centre SME occupiers or an occupier wanting a turn-key creative workspace. Costs associated with leasehold status, potential security upgrades and improving broadband should be factored into purchase and business plans.
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