We are pleased to confirm that in October 2021 Johnson Tucker LLP sold this 22,800 sq ft warehouse unit on Tyne Tunnel Trading Estate, North shields for £1.45m reflecting £64 psf.
Tyne Tunnel Trading Estate is a well-established and strategically located business park adjacent to the A19 Tyne Tunnel approach
and the A1058 Coast Road providing immediate access to the region’s main road network to the north, south, east and west. Newcastle City Centre is located less than 7 miles to the west via the A1058 with Sunderland City Centre 12 miles to the south via the A19.
Completed in 2007 the unit benefits from steel portal frame design providing open plan manufacturing / warehouse space with block walling at lower level with insulated steel profile cladding to eaves, insulated steel sheet roof inc. rooflights and a reinforced concrete floor throughout. There is also a high quality offices, canteen and WC facilities over 2 storeys with further mezzanine storage as well as a secure service yard and dedicated parking.