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Commercial Property, North Tyneside, NE27

Cobalt 12, Cobalt Business Park, Newcastle Upon Tyne NE27 0QW

A commercial property in Cobalt Business Park, Newcastle Upon Tyne (NE27), leasehold. Savills Auctions is selling it at auction on Wednesday 25 November, with a guide of £2,000,000. The auctioneer's listing says it comes with a tenant in place and mentions planning potential. The stated rent is £1,250,265 a year.

Guide price
£2,000,000
14days
13hrs
21mins
16secs
Wed 25 Nov · 09:00Add to calendar

Status verified with Savills Auctions 6 hours 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)£2,091,600See breakdown
  • Price£2,000,000
  • Buyer's / admin fee£2,100
  • Stamp duty (non-residential) estimate£89,500
  • Legal pack and searches£0
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Savills Auctions's usual buyer's fees (£2,100 inc VAT (£250 under £30,000)). Check the lot's legal pack. Estimate only. How fees work

Key facts

Type
Commercial Property
Bedrooms
Not published
Tenure
Leasehold
Council tax band
See legal pack
Auction
Wednesday, 25 November 2026 at 09:00
Lot number
274
Auctioneer
Savills Auctions
Postcode
NE27 0QW

Listed by Savills Auctions · Lot 274 · Checked 10 Nov, 13:40

Around here

Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.

Cobalt Business Park - Procter & Gamble Offices
Cobalt Business Park - Procter & Gamble Offices · about 50 m away
© Mac McCarron, CC BY-SA 2.0
Proctor & Gamble
Proctor & Gamble · about 50 m away
© Christine Westerback, CC BY-SA 2.0
Hewlett Packard Building
Hewlett Packard Building · about 50 m away
© Christine Westerback, CC BY-SA 2.0
Cobalt Park from Monument
Cobalt Park from Monument · about 80 m away
© John Firth, CC BY-SA 2.0

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2-minute explainer: Guide price vs reserve priceRead before you bid