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Richmond House, Gateshead, Newcastle




The property known as Richmond House is a modern regional office building in a well located and established office park in Gateshead, being part of the Newcastle Upon Tyne conurbation, and in close proximity to the Metro Shopping complex, Europe’s largest super-regional shopping centre. The property comprises a 21 626 square foot building which has been extensively refurbished for the tenant in terms of a detailed specification of works, at an estimated cost of £1.4m. The property is let to BDW Trading Ltd, the principal trading company of Barratt Developments plc being a FTSE 100 company, on a new FRI 10 year lease
expiring 1 July 2027.


Richmond House, Gateshead, Newcastle

Building use


Size of building

21 626 square foot


BDW Trading Limited

Lease expiry date

1 July 2027

Acquisition yield


Type of lease

Fully repairing and insuring (ie tenant responsible for all operating costs), upwards only 5 yearly rental reviews.


Further holdings

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