Property for sale - Nike (UK) Headquarters, Doxford International Technology Park, Tyne & Wear
Nike (UK) Headquarters
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Description: |
The Grade A specification property was built specifically for Nike. It extends to 22,658 sq ft, plus an atrium of 883 sq ft and benefits from 86 onsite car parking spaces. |
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Term: |
The property is let to Nike (UK) Limited with a guarantee from Nike European Operations Netherlands B.V. on a full repairing and insuring lease for 15 years from April 2009. |
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Tenant: |
Nike (UK) Limited |
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Location: |
Doxford International Business Park is located approximately three miles south of Sunderland and 14 miles south of Newcastle. This very popular business park is located at the junction of the A19 and the A690 providing direct access to the A19 and access to the A1(M), which is approximately eight miles to the south west.. |
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Return to purchaser: |
7.0% per annum rising annually with fixed uplifts of 2.5% per annum, plus potential for capital growth |
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Price: |
£25,000 |
