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

Patrick Over.

Associate Partner | Investment

Ed Smith.

Partner | Investment

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Aberdeen Standard

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La Salle Investment Management

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