Investment.

Newcastle Upon Tyne.

102 Grey Street, NE99 1SL

Map View

Status.

Sold on 01/03/2020

Price.

£6,625,000

Location.

The city of Newcastle is the regional capital and principal economic focus of the north east of England and is one of the most dynamic cities in the UK. The city is located approximately 282 miles (455km) north of London, 97.5 miles (157km) north of Leeds and 121 miles (195km) south east of Edinburgh.

Description.

The subject property is Grade II* listed and comprises a large double height banking hall on the ground floor and a customer business centre on the mezzanine and first floors. The remaining upper levels provide office accommodation arranged around a central atrium. At basement level there are various strong rooms and storage accommodation.

Rent.

£420,000.00 per annum exclusive

Tenant(s).

Lloyds Bank

Tenure.

Freehold

Yield.

5.95% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson