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20 Lansdowne Ter 2,178 SF 100% Leased Office Building Newcastle Upon Tyne NE3 1HP $109,211 CAD ($50.14 CAD/SF)


Investment Highlights
- Already tenanted
- Configured for professional services
Executive Summary
The business operates from premises held under an assignable headlease with approximately seven years remaining unexpired. The property is sub-let to a diverse mix of established therapy and professional service providers, comprising multiple occupiers. The asset is currently fully let, generating stable income, with an extension to the headlease agreed in principle, providing the opportunity for enhanced security of tenure.
The leasehold interest and the operating business are available for purchase as a going concern.
The leasehold interest and the operating business are available for purchase as a going concern.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
2,178 SF
Building Class
B
Year Built
1957
Price
$109,211 CAD
Price Per SF
$50.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
782 SF
Building FAR
0.90
Lot Size
0.06 AC
Amenities
- Security System
- Kitchen
- Energy Performance Rating - D
- Storage Space
- Demised WC facilities
- Fully Carpeted
- Drop Ceiling
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20 Lansdowne Ter
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