Sold

Newcastle – Prime office with Planning Permission for Residential conversion

Offers in excess of £5,250,000

Property Types:
Development Opportunity, Residential, Student
Sub Types:
Conversion to Residential, Office, Block of Flats, Student Accommodation
Tenure:
Freehold

Description

  • Freehold city centre office
  • Prime location for Newcastle City Centre and local transport links
  • The property comprises 94,111 sqft of office accommodation with an onsite cafe and under-croft parking for 53 cars
  • Vacant
  • Planning permission approved for conversion to provide 274 residential units
  • Further planning permission approved for the addition of a single storey extension to provide 46 studios and 1 two bed apartment
  • Within one mile of both Northumbria and Newcastle Universities