Unit D12, Eleventh Avenue North, Team Valley Trading Estate, Gateshead, NE11
- Land size
- 0.19 acres
Key Features
- Rare opportunity to purchase on Team Valley Trading Estate
- Let to HFD Limited (Co. No. 02674152)
- 5.6 years to expiry, approx. 8 months to break
- Low passing rent of £43,400 per annum (£6.18 psf)
- Reversionary rent of £52,665 (£7.50 psf) without tenant fit out
- Tenant has been in occupation for over 25 years
- Long leasehold expiring 22 August 2116 (90 years unexpired) at peppercorn rent
- Seeking offers in excess of £475,000 exc. VAT showing a net initial yield of 8.74% after standard purchaser costs
- Reversion at rent review or to a new tenant of over 10.50% after standard purchaser costs
Description
Location
The property is located within Team Valley Trading Estate, one of the North East's busiest and most important commercial estates. Team Valley covers a total area of approximately 238 hectares and provides in excess of 650,000 sq. m of commercial accommodation.
Eleventh Avenue North links with Eleventh Avenue which runs eastwards from Kingsway South. Junction 67 of the A1 Western Bypass is immediately to the south and is approximately half a mile from the subject property.
The property is situated on the western side of Eleventh Avenue North which runs north/south parallel and to the east of Kingsway. Kingsway is the main arterial route through Team Valley. Adjacent to the property include The Avenues and Perth Court which are multi let industrial estates with trade counter and storage operators.
Description
The property comprises of a single storey detached industrial building of steel framed construction having brick/blockwork elevations to two metres with profiled metal cladding above. The roof is of pitched design and has profiled metal decking over, incorporating 5% translucent lights. The eaves height ranges from 5.5m to 6.7m at the apex.
Internally, the warehouse is used for storage and distribution with racking throughout; there are two electric up/over shutter doors with a height of 4.9m and a width of 4m both doors go out to the yard/car park. The property benefits from a tenant-installed trade counter to the front, together with a first-floor office mezzanine. The unit is fitted with LED lighting throughout and 3-phase electricity. There is no heating within the warehouse area; however, the trade counter and office accommodation has electric wall heaters and an air conditioning unit.
Tenure Comments
The property is held on a 125-year lease from 25 August 1991 on a peppercorn rent.
The unit is currently let to HFD Limited on a 10- year FRI lease from 7 December 2021, at a passing rent of £43,400 per annum. There is an open market rent review and tenant break option on 7 December 2026. The current passing rent is relatively low, equating to £6.18 psf excluding tenants fitout.
Map Location
Property details
- Tenure
- Ask Agent
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-04-23
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Parking Available
- Garden
- Garden
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
80 Mbps
Superfast · available to 81% of premises
Suitable for
- HD streaming
- Video calls
- Web & social
Mobile signal
Outdoor predictions; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- Oakfield Infant School454 metresOfsted: Good
- Ages
- 4 to 7
- Pupils
- 128
- Type
- Academy converter
- Oakfield Junior School518 metresOfsted: Good
- Ages
- 7 to 11
- Pupils
- 215
- Type
- Academy converter
- Harlow Green Community Primary School0.7 milesOfsted: Good
- Ages
- 3 to 11
- Pupils
- 375
- Type
- Community school
- Kells Lane Primary School0.9 milesOfsted: Good
- Ages
- 3 to 11
- Pupils
- 453
- Type
- Community school
- St Anne's Catholic Primary School, Harlow Green0.9 milesNo Ofsted rating
- Ages
- 4 to 11
- Pupils
- 162
- Type
- Academy converter
- Faith
- Roman Catholic
Secondary
- Grace College361 metresOfsted report card · Mar 2026
- Ages
- 11 to 18
- Pupils
- 1,125
- Type
- Academy converter
- Cardinal Hume Catholic School, Gateshead1.5 milesOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 1,505
- Type
- Academy converter
- Faith
- Roman Catholic
- XP Gateshead2.2 milesOfsted: Good *
- Ages
- 11 to 16
- Pupils
- 245
- Type
- Free schools
- Kingsmeadow Community School2.4 milesOfsted report card · Jan 2026
- Ages
- 11 to 18
- Pupils
- 868
- Type
- Community school
- Heworth Grange School2.7 milesOfsted: Requires improvement *
- Ages
- 11 to 16
- Pupils
- 910
- Type
- Academy sponsor led
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.
Rivers and the sea
Surface water
The detail behind these bandings
The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.
- Exact flood zones & annual chances (included in the full report)
- Any recorded past flooding (included in the full report)
- Planning activity nearby (included in the full report)
- Heritage & conservation (included in the full report)
- Protected nature designations (included in the full report)
- Ground risks (included in the full report)
- Sold prices nearby (included in the full report)
£14.99 · one-off purchase
By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.
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1. Source of information
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2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
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© LandSale | Version 1.3 - August 2026
Listing agent
Naylors Gavin Black LLP, Newcastle Upon Tyne
One Strawberry Lane Newcastle Upon Tyne NE1 4BX
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