Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view MANDALE PARK TS16 (Part Of A Portfolio), Urlay Noo, Eaglescliffe, Stockton-On-Tees, TS16 0TA 126,071 Sq Ft / Industrial / General Industrial Withdrawn - Last updated: 09 July 2025 THE ASSETS ARE LOCATED ACROSS THE NORTH EAST OF ENGLAND, A REGION THAT IS CURRENTLY UNDERGOING A SIGNIFICANT TRANSFORMATION PROVOKED BY PUBLIC AND PRIVATE INVESTMENT AND REINFORCED BY ITS STRATEGIC LOCATION AS A GATEWAY TO EUROPE AND GLOBAL MARKETS.PORTFOLIO SUMMARY - RARE PORTFOLIO OF THREE NEW BUILD MULTI LET INDUSTRIAL ESTATES ACROSS NEWCASTLE,MIDDLESBROUGH AND STOCKTON-ON-TEES. EACH ASSET IS STRATEGICALLY SITUATED WITHIN ESTABLISHED COMMERCIAL HUBS WITH EXCELLENT TRANSPORT LINKS, ROBUST LOCAL ECONOMIES, AND STRONG DEMAND FOR INDUSTRIAL AND TRADE UNITS.The portfolio comprises a total of 70 units and is 100% occupied, let to 64 tenants in total reflecting diverse income, with no tenant reflecting more than 3.72% of the total income, and the top 10 tenants reflecting only 24.35% of the total income.Majority of the income is contracted beyond 2031 and subject to upward only rent reviews, to the greater of OMV or the Retail Price Index with no cap or collar, offering a highly attractive running yield and significant index linked rental growth.Total Floor Area of 126,071 sq ft across the three estates, with an average unit size of 1,801 sq ft.All units have an EPC ratings of A and B, and are provided with a 10-year latent defects insurance backedguarantee, offering future proofed assets.Combined total passing rent of £1,345,300 per annum providing an average passing rent of £XXXsf.The Portfolio provides 35 lease events within the first 3 years offering short term scope to capture rental growth.Projected RPI linked rental growth provides a reversion to c. £1,667,XXXa by 2031.A combined WAULT of 8.7 years to expiry, and 3.3 years to breaks, and 3.2 years to reversion.( Agency Pilot Software ref: 1544 ) Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist