33 Portland Terrace Newcastle NE2 1QS

Brief Property Description:
Location
The Jesmond Depot is situated on the corner of Portland Terrace and Jesmond Road (A1058 Coast Road). Jesmond is a residential suburb on the Eastern edge of Newcastle upon Tyne. Access to the A167(M) is via Jesmond Road and the property is approximately 1 mile from the City Centre.
Description
The property was utilised as an active bus depot until December 2022, occupying a gross site area of approximately 2 acres. The existing building is Grade ll listed and incorporates a Greek style façade and large timber doors. The building dates from 1930, comprising a large depot of steel frame construction with a clear internal height of 5.2m. The elevations are predominantly
brick construction and the roof is corrugated asbestos sheeting incorporating glass rooflights and fibreglass rooflights in part.
Offices and ancillary staff accommodation are provided along the northern
elevation and on the corner of Portland Terrace and Hutton Terrace.
Access to the depot is off Portland Road and car parking is provided in a compound to the north of the depot.
Property Type: Industrial
Size: 5497.66 sqm (59176 sqft)
Retail Area: 0sqm
Tenure: Lease
Lease: Available by way of a full repairing and insuring lease for a term to be agreed
Rent: £300000pa
Rateable Value: £75500
Agent Details:
HTA Real Estate (NA)
Contact: Nick Atkinson on 0191 245 3011
Brochure from HTA Real Estate (NA)