First floor self-contained office accommodation. Net internal area 255 sq. m. (2,744.8 sq. ft.). Unique opportunity to acquire office premises with no purchase price. Long Leasehold - Approximately 87 years unexpired. Excellent on-site parking for up to eight vehicles. Prominent Team Valley location with excellent transport links. Genuine disposal due to vendor's permanent relocation overseas. Vendor purchased the property for £135,000 in 2020. Previously generating rental income of £24,000 per annum. Service charge circa £12,000 per annum.
Price: Nil Premium
Ref: I551
Location
Kingfisher House occupies a prominent position on Kingsway North within the established Team Valley Trading Estate, one of the North East’s premier commercial and business locations. The estate is home to a wide range of national, regional and local occupiers, generating substantial daily business activity and providing an excellent working environment.
The property benefits from excellent transport links, being situated just off
