Vacant Long Leasehold Office, North Tyneside, NE27

12a Silver Fox Way, Cobalt Business Park, Newcastle Upon Tyne, NE27 0BY

An office building in Cobalt Business Park, Newcastle Upon Tyne (NE27), leasehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £1.2M - £1.4M. The auctioneer's listing says it is offered vacant. The stated rent is £105,000 a year, about 8.8% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:vacantStated rent £105,000 a year · 8.8% gross on the guide

Guide price

£1.2M - £1.4M

18days

13hrs

14mins

18secs

Wed 11 NovAdd to calendar

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Status verified with Allsop 1 hour ago

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Location

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North Tyneside, NE27. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£1,251,500See breakdown

Est. total£1,251,500

Price£1,200,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£49,500
Legal pack and searches£0

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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work