12, Octavian Way, Team Valley Trading Estate, Gateshead, NE11
Key Features
- Rare opportunity to purchase a modern unit on Team Valley Trading Estate
- Let to Eurocell Building Plastics Limited (Co. No. 03071407) - £212m turnover / £22m shareholder funds. (2024 accounts)
- 3.5 years to expiry (1.5 years to break)
- Reversionary passing rent of £35,370 per annum (£7.58 psf)
- Tenant in occupation for over 15 years
- Long leasehold expiring 2115 (89 unexpired) at peppercorn rent
- Seeking offers in excess of £380,000 exclusive of VAT
- An offer at this level shows a net initial yield of 8.95% 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.
Octavian Way is located in the south west quadrant of Team Valley Trading Estate close to Retail World and approximately 4.5 miles south of the Newcastle/Gateshead conurbation and has direct access onto the A1 trunk road linking the north and Scotland with the Midlands and south.
The property is situated on Octavian Way off Dukesway. The neighbouring occupiers are predominantly trade counter and warehouse users including Crown Decorating and NEPS Logistics. Retail World is a one-minute drive time and home to many national retailers including M&S, Currys, Halfords, B&M and Sports Direct.
Description
The property consists of a mid-terraced warehouse unit of steel portal frame construction with block work walls and profile insulated cladding from 2m high and to the roof, which incorporates translucent panels. There is a single up/over loading door to the front of the unit.
Internally, the property is utilised for storage, with a small trade counter and office located to the front of the unit. The property also benefits from a small mezzanine floor, which is used for additional storage. The unit specification includes fluorescent tube lighting and gas heating, with an eaves height to the apex of 7m.
Externally, the property benefits from seven designated parking spaces together with a loading area.
Tenure Comments
The property is held on a 125-year ground lease from 22 January 1990 at a peppercorn rent
EPC
E (111)
Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.
Map Location
Property details
- Tenure
- Ask Agent
- Council Tax Band
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- Date Posted
- 2026-06-12
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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Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Parking Available
- Garden
- Ask Agent
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
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 School0.7 milesOfsted: Good
- Ages
- 4 to 7
- Pupils
- 128
- Type
- Academy converter
- Oakfield Junior School0.8 milesOfsted: Good
- Ages
- 7 to 11
- Pupils
- 215
- Type
- Academy converter
- Lobley Hill Primary School1.2 milesNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 350
- Type
- Community school
- Harlow Green Community Primary School1.2 milesOfsted: Good
- Ages
- 3 to 11
- Pupils
- 375
- Type
- Community school
- Kells Lane Primary School1.2 milesOfsted: Good
- Ages
- 3 to 11
- Pupils
- 453
- Type
- Community school
Secondary
- Grace College996 metresOfsted report card · Mar 2026
- Ages
- 11 to 18
- Pupils
- 1,125
- Type
- Academy converter
- Cardinal Hume Catholic School, Gateshead2 milesOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 1,505
- Type
- Academy converter
- Faith
- Roman Catholic
- Kingsmeadow Community School2.1 milesOfsted report card · Jan 2026
- Ages
- 11 to 18
- Pupils
- 868
- Type
- Community school
- XP Gateshead2.6 milesOfsted: Good *
- Ages
- 11 to 16
- Pupils
- 245
- Type
- Free schools
- Whickham School2.8 milesOfsted: Good *
- Ages
- 11 to 18
- Pupils
- 1,690
- Type
- Academy converter
* 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
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
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
Contact Naylors Gavin Black LLP, Newcastle Upon Tyne
One Strawberry Lane Newcastle Upon Tyne NE1 4BX
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