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Glazewell House Ninth Ave 11,449 SF Industrial Building Gateshead NE11 0EH $939,960 CAD ($82.10 CAD/SF)



Investment Highlights
- Close to A1.
- Prominent Position on Team Valley.
Executive Summary
A detached manufacturing facility with ground floor offices to the front elevation together with car parking for approximately 12 cars plus a loading yard area.
The property is held by way of a ground lease for a term of 125 years from 31st March 1987 at a ground rent of £12,875.04pa reviewable on a 5 yearly basis Premium
Offers over £500,000 for the long leasehold interest.
The property is held by way of a ground lease for a term of 125 years from 31st March 1987 at a ground rent of £12,875.04pa reviewable on a 5 yearly basis Premium
Offers over £500,000 for the long leasehold interest.
Property Facts
| Price | $939,960 CAD | Rentable Building Area | 11,449 SF |
| Price Per SF | $82.10 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1980 |
| Tenure | Long Leasehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.05/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 13’1” (3.99 m) |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.56 AC |
| Price | $939,960 CAD |
| Price Per SF | $82.10 CAD |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.56 AC |
| Rentable Building Area | 11,449 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 1.05/1,000 SF |
| Clear Ceiling Height | 13’1” (3.99 m) |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
- Yard
- Automatic Blinds
Utilities
- Lighting - Sodium
- Gas
- Water
- Sewer
- Heating - Gas
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Glazewell House | Ninth Ave
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