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3.2 Cobalt Business Park Silver Fox Way Newcastle-upon-Tyne NE27 0QJ

Property Summary

Cobalt Business Park, one of the largest
business parks in Europe.

Occupiers include Cybit, Miller Homes,
SpaMedica.

Specification: Double height 6.4m feature
reception area.
Two 8 passenger lifts
Full raised access floor with clear void of
175mm
Air cooling
Perimeter radiators
2.6m floor to ceiling height
Male, female and disabled toilet provision on
each floor
Suspended ceilings with recessed lighting

Accommodation: 1,500 sq ft available on
the second floor.

Car Parking: – 6 dedicated parking bays.

Tenure; Available on a new full repairing and
insuring lease by way of a service charge for a
term to be agreed.

Rateable Value: Upon application

EPC: Energy Rating D 100

Asking Rent: 10 per sq ft exclusive of rates,
service charge and VAT

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Wolverhampton – 32/34 Dudley Street

Investment Summary

Wolverhampton is a University City and a
Metropolitan Borough of the West Midlands

The property occupies a dominant position
within the prime retail pitch.

Situated opposite Marks & Spencer and
adjacent to the eastern entrance of the
Mander Centre.

With an estimated 1.58 million sq ft of retail
floor space, Wolverhampton is ranked as the
30th larges retail centre in the UK. Nearby
retailers also include Primark, Clintons, River
Island, Boots, Clarks.

The property provides approximately 7,342 sq
ft (682.1 sq m) of well configured retail
accommodation.

Let in its entirety to the undoubtable
covenants of Telefonica YK Limited and
Santander UK PLC

Accommodation

32 - Ground Floor 1,986 sq ft (184.5 sq m)
First Floor 1,544 sq ft (143.4 sq m)
Sub-total 3,529 sq ft (327.9 sq m)
34 - Ground Floor 2,181 sq ft (202.6 sq m)
First Floor 1,632 sq ft (151.6 sq m)
Sub-total 3,818 sq ft (354.2 sq m)
Total 7,342 sq ft (682.1 sq m)

VAT: The property is elected for VAT purposes.

EPC: Details upon request

Current Rent: £126,350 per annum

Price: £1,325,000

Net Initial Yield: 9%

Tenure: Freehold

32 – Let to Telefonica UK Ltd (t/a 02) from
25/12/2016 to 31/03/2026 at £65,000 per
annum.
34 – Let to Santander UK PLC from 01/10/2022
to 01/10/2027 at 61,350 per annum.

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Stokesley – 45a High Street TS9 5AD

Property Summary

The recently refurbished two bedroom first flor
apartment is located in the heart of Stokesley
an attractive market town 11 miles north of
Middlesbrough in North Yorkshire.

The property overlooks the High Street being
situated on the first floor above the Yorkshire
Store with separate access from the rear
courtyard.

With over 1,200 sq ft of accommodation this
is an ideal home or investment within close
proximity of the shops, cafes and the
riverside.

EPC: Energy Rating C

Asking Price: £160,000
Tenure: Leasehold – 999 years from 2023

Further details upon request.

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Chartered Surveyor Services

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