Freehold industrial investment for sale in Gateshead. Fully let multi-let estate extending to 11,064 sq ft with secure 0.3-acre yard, generating £103,056 per annum from 7 income streams. Excellent access to the A1(M), A19 and Tyne & Wear Metro network.
Unit 7, Pelaw Industrial Estate, Green Lane, Pelaw, Gateshead NE10 0UW
Galaxy Real Estate is delighted to offer this fully let freehold industrial investment opportunity located within the established Pelaw Industrial Estate in Gateshead.
The property comprises a steel portal frame industrial building extending to approximately 11,064 sq ft together with a substantial secure concrete yard of approximately 0.3 acres. The asset has been successfully sub-divided into a number of self-contained industrial units and ancillary yard areas, providing a diverse and established income stream from multiple occupiers.
Producing a current net passing rent of £103,056 per annum, the investment is fully occupied and benefits from seven separate income streams, offering investors immediate cash flow and reduced occupational risk through tenant diversification. Additional income is generated from telecommunications masts situated on the site.
The accommodation benefits from roller shutter loading doors, LED lighting, concrete flooring, office accommodation, kitchen facilities and WC provisions. Eaves heights range from approximately 3.35 metres to 7.79 metres at the apex, making the units suitable for a variety of industrial, storage and trade counter uses.
The secure yard is enclosed by fencing and provides excellent external storage, vehicle circulation and parking facilities. The surrounding area is an established commercial and industrial location with strong occupier demand, particularly from automotive and light industrial businesses.
Strategically positioned in Pelaw, the property benefits from excellent transport links. The A185 provides direct access to Gateshead and Newcastle upon Tyne, while the nearby A184 connects to both the A1(M) and A19, offering excellent regional and national connectivity. Heworth and Pelaw Metro stations are also within walking distance, providing convenient public transport access across Tyne & Wear.
This represents an attractive opportunity to acquire a fully income-producing industrial investment with asset management potential, secure yard space and strong underlying occupational fundamentals within a proven industrial location.
Guide Price: £1,100,000
Key Features
* Freehold industrial investment
* Fully let producing £103,056 per annum
* Approx. 11,064 sq ft industrial accommodation
* Secure 0.3-acre concrete yard
* Seven income streams
* Diverse tenant mix reducing void risk
* Additional telecommunications mast income
* Steel portal frame construction
* Roller shutter doors and LED lighting
* Excellent access to A1(M), A19 and Newcastle upon Tyne
* Walking distance to Pelaw and Heworth Metro stations
* Established industrial location with strong occupier demand