Central Square South, Orchard Street, Newcastle Upon Tyne NE1 3AZ
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£12,125,000
Feb 2026
NorthCap has successfully acted on behalf of Martley Capital advising on the acquisition of a multi-let, freehold office in Newcastle City Centre.
The property comprises an 85,054 sq ft Grade A office building split over seven floors and let to ten tenants including PWC, DWF Law, HSBC and Towergate Insurance.
The purchase price was £12,125,000, reflecting a net initial yield of 13.53%.
Peter Atkinson of Savills acted for the vendor, Aberdeen.
