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6-8 Ravensworth Ter 7,000 SF 100% Leased Office Building Newcastle Upon Tyne NE4 6AU $1,544,408 CAD ($220.63 CAD/SF)


EXECUTIVE SUMMARY
The property comprises a three storey, four floor mid terrace building overlooking Summerhill Park to the west of the City centre. The property is in excellent order throughout with benefits that include LED lighting, a raised timber floor and a Fibre Optic data line in. Whilst currently providing a modern office facility, the property could be considered for other alternative uses including a residential conversion.
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Offices / Investment
Summerhill Square
£925,000 Freehold
REF: NE1649
Introduction
This substantial three storey, four floor mid terrace property was originally the Diocesan Home for Girls which was converted into a Synagogue in 1924. The Synagogue closed in 1969 and the building was then converted into offices and a design studio in 1981.
Location
The property forms part of a terrace within the Summerhill Conservation Area which is based around a late Georgian residential suburb and climbs the hill westwards out of Newcastle City centre. The Square is an unique environment within easy walking distance of the City centre and there are also good public transport links nearby.
The terraced properties within the Square overlook a central green space which comprises a public park, a bowling green and private gardens for the houses.
Newcastle grew from Roman (or possible earlier) origins, at an important defensive and bridging point in the Tyne Valley, to become the regional capital. The wealthy coal, manufacturing and ship-building industries brought huge population growth and physical expansion during the late 18th and 19th centuries.
Location contd.
Newcastle upon Tyne is located approximately 285 miles north of London and approximately 100 miles south of Edinburgh and is the commercial and administrative capital of the North East.
Newcastle is the seventh largest City in the UK with a population of circa 280,000 and 1.4 million people live within 12 miles of the City centre.
Newcastle benefits from excellent road, rail and air connections with Newcastle Central Station serving the East Coast mainline and providing a fastest journey time of 2hrs 50mins to London Kings Cross and 1hr 30mins to Edinburgh Waverley.
The Central Station provides the main interchange for the Tyne & Wear Metro rapid transit railway network which supports 60 stations connecting Newcastle with Gateshead, Sunderland and throughout Tyneside.
Newcastle International Airport is situated approximately 7 miles west of City centre proving regular flights to key domestic and international destinations including Dubai.
12345
Offices / Investment
Summerhill Square
£925,000 Freehold
REF: NE1649
Introduction
This substantial three storey, four floor mid terrace property was originally the Diocesan Home for Girls which was converted into a Synagogue in 1924. The Synagogue closed in 1969 and the building was then converted into offices and a design studio in 1981.
Location
The property forms part of a terrace within the Summerhill Conservation Area which is based around a late Georgian residential suburb and climbs the hill westwards out of Newcastle City centre. The Square is an unique environment within easy walking distance of the City centre and there are also good public transport links nearby.
The terraced properties within the Square overlook a central green space which comprises a public park, a bowling green and private gardens for the houses.
Newcastle grew from Roman (or possible earlier) origins, at an important defensive and bridging point in the Tyne Valley, to become the regional capital. The wealthy coal, manufacturing and ship-building industries brought huge population growth and physical expansion during the late 18th and 19th centuries.
Location contd.
Newcastle upon Tyne is located approximately 285 miles north of London and approximately 100 miles south of Edinburgh and is the commercial and administrative capital of the North East.
Newcastle is the seventh largest City in the UK with a population of circa 280,000 and 1.4 million people live within 12 miles of the City centre.
Newcastle benefits from excellent road, rail and air connections with Newcastle Central Station serving the East Coast mainline and providing a fastest journey time of 2hrs 50mins to London Kings Cross and 1hr 30mins to Edinburgh Waverley.
The Central Station provides the main interchange for the Tyne & Wear Metro rapid transit railway network which supports 60 stations connecting Newcastle with Gateshead, Sunderland and throughout Tyneside.
Newcastle International Airport is situated approximately 7 miles west of City centre proving regular flights to key domestic and international destinations including Dubai.
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
7,000 SF
Building Class
B
Year Built
1960
Price
$1,544,408 CAD
Price Per SF
$220.63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,000 SF
AMENITIES
- Kitchen
- Accent Lighting
- Storage Space
- Central Heating
- Demised WC facilities
- Shower Facilities
- Drop Ceiling
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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6-8 Ravensworth Ter
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