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Under Offer
£375,000

5 & 20 Penn Street, Newcastle Upon Tyne, North East, NE4

Land size
0.28 acres

Key Features

  • Established industrial and trade counter location
  • Two 1970s industrial units
  • Let to two trade counter operators
  • Unit 5 let to Newcastle Heating & Plumbing Ltd
  • Unit 20 let to Plumbase
  • Low rent of £4.54 per sq ft
  • WAULT 2.84 years to expiry (1.86 years to break)
  • Total gross rent £56,000 pa (Net rent £42,000 pa)

Description

Two industrial/warehouse units of steel portal frame construction with brick and profile sheet clad roof. Minimum eaves height of 3.2m rising to 4.1m at the apex. Attached to unit 5 is a two storey office block under a flat roof. Externally unit 5 has a tarmac forecourt providing staff and customer parking.

Property details

Tenure
Leasehold
Council Tax Band
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Date Posted
2026-02-17

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Private Parking
Garden
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Enquire about this property

Contact Lambert Smith Hampton, Newcastle

St Ann's Quay 122 Quayside Newcastle Upon Tyne NE1 3BD

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