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1 Kings Ct 17,777 SF Industrial Building Gateshead NE11 0JS $2,844,240 CAD ($160.00 CAD/SF)
Investment Highlights
- Gateshead is located on the southern bank of the River Tyne, some 1 mile south of Newcastle city centre
- Prominent position fronting Kingsway South close to Primula, Zentia & Gateshead College as well as Team Valley Retail Park
- Let to Smiths News Trading Limited until 2030
Executive Summary
Lot 33 is available for sale at an Allsop online auction to be held on Wednesday 10th of June 2026.
The property comprises an investment opportunity for sale.
The asking price is £1,500,000 - £1,600,000, representing a gross initial yield of 8.77%.
The property comprises an investment opportunity for sale.
The asking price is £1,500,000 - £1,600,000, representing a gross initial yield of 8.77%.
Property Facts
| Price | $2,844,240 CAD | Lot Size | 4.76 AC |
| Price Per SF | $160.00 CAD | Rentable Building Area | 17,777 SF |
| Sale Type | Investment | No. Stories | 23 |
| Sale Condition | Auction Sale | Year Built | 1982 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.88/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’7” (5.66 m) |
| Building Class | B | No. Drive In / Grade-Level Doors | 10 |
| Price | $2,844,240 CAD |
| Price Per SF | $160.00 CAD |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.76 AC |
| Rentable Building Area | 17,777 SF |
| No. Stories | 23 |
| Year Built | 1982 |
| Tenancy | Single |
| Parking Ratio | 0.88/1,000 SF |
| Clear Ceiling Height | 18’7” (5.66 m) |
| No. Drive In / Grade-Level Doors | 10 |
Amenities
- Security System
- Yard
- Automatic Blinds
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Smiths News Trading Limited
- Retailer
- 17,777 SF
- -
- Mar 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Smiths News Trading Limited | Retailer | 17,777 SF | - | Mar 2030 |
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1 Kings Ct
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