commercial property lambert smith hampton

News - 31/03/2016

30,000 sq ft HQ building in Newcastle comes onto the market

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The Newcastle office of Lambert Smith Hampton (LSH) has been appointed to market Balliol House, a 30,369 sq ft headquarters office building on Balliol Business Park on behalf of Metnor Property Group.

The modern, detached office building, which will shortly undergo a full refurbishment to include a fully remodelled reception area, is split over three floors and is available in suites from 5,000 sq ft by way of a new lease.

The property, which also benefits from comfort cooling, a generous car-parking ratio of 1 space per 194 sq ft, and excellent transport links  will be available from an extremely competitive £6.95 per sq ft (exclusive of other outgoings) From May 2016.

Neil Osborne, Director of Agency and Investment at LSH’s Newcastle office, said: “This is an excellent opportunity to acquire high quality office space at extremely competitive rents. The flexible, cost-effective nature of the space, its generous car parking and excellent transport links means that it is suitable to variety of potential occupiers.

“We have already received strong interest and are talking to several parties.”


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