Summary - F20, MARQUIS COURT, KINGSWAY SOUTH NE11 0RU
1 bed 1 bath Land
**Standout Features:**
- Fully let to R Walker and Co (North East) until July 2028
- Passing rent of £12,000 per annum
- Spacious, well-maintained two-storey office
- Ideally located within Team Valley Trading Estate, offering easy access to major transport links
- 6 dedicated parking spaces included
- Competitive price of £135,000, yielding a promising net initial yield of 8.73%
**Concerns:**
- Lease term only has 5 years left, which may pose financing challenges for potential buyers
- Area has a high crime rate, which could impact future business viability
- Deprivation issues in the local area
This exceptional commercial property presents an ideal investment opportunity for pension funds or savvy investors. Located within the highly regarded Team Valley Trading Estate, this modern two-storey office spans 1,207 square feet and is currently fully leased until July 2028, generating an annual rent of £12,000. The office is thoughtfully designed with open-plan accommodation, independent heating, and essential amenities, all contributing to a functional workspace.
Benefiting from six dedicated parking spaces and substantial walkable amenities within a short distance, this property offers practical advantages for both tenants and clients. While the remaining lease might raise some financing concerns and the local area faces high crime rates, the strategic location and potential yield make this a compelling investment. Don’t miss the chance to secure this income-generating asset at an attractive price; opportunities like this are in high demand and will not last long!
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