Summary - 13a, Cobalt Park, Newcastle Upon Tyne, NE27 0QJ NE27 0QJ
1 bed 1 bath Office
High-spec, flexible office asset beside major business park amenities.
Rare high-spec office building, approx. 30,165 sq ft
Partly fitted first and second floors with meeting rooms and kitchen
127 car spaces (approx. 1:238 sq ft) with barrier-controlled parking
3m clear floor-to-ceiling height, air conditioning, raised floors
BREEAM: Good; EV charging on park due Summer 2025
Long leasehold with c.96 years unexpired (125-year term from 1996)
Service charge £6.50 psf; confirm building insurance and EPC details
Local area: higher-than-average crime and socio-economic deprivation
Cobalt 13a is a large, modern office building on Cobalt Park, offered as a rare freehold investment with approximately 30,165 sq ft of high-spec space. The property is partly fitted with glazed meeting rooms, a fitted kitchen and server room, 3m floor-to-ceiling heights, air conditioning and full access raised floors — ready for immediate occupation or reconfiguration.
The building sits within an established business campus home to major occupiers and strong on-site amenities: retail centre, hotels, nursery, leisure club and nearby Silverlink Retail Park. Practical benefits include 127 dedicated car parking spaces (circa 1:238 sq ft), DDA compliance, two 8-person lifts, BREEAM: Good and future EV charging provision on the park (opening 2025).
Key commercial facts are straightforward: the property is held long leasehold with c.96 years unexpired on the 125-year term, offered freehold/long-lease style, with a service charge of £6.50 psf and specified rateable values for each floor. The space suits corporate occupiers or investors seeking a well-specified office asset in a major conurbation with flexible occupation options (wings from 4,985 sq ft available to let).
Material considerations are clear: the local area scores as socio-economically challenged with above-average crime and higher deprivation indicators, which may affect workforce perceptions and some occupier needs. Prospective purchasers should confirm insurance, EPC and detailed running costs; the lease has limited unexpired term (c.96 years) which is a transactional factor to evaluate.
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