Tue, 30 Mar 2021 | COMMERCIAL PROPERTY
The former Newcastle headquarters of international software firm Sage UK has been put up for sale ahead of the company’s move to new offices.
Sage has appointed commercial real estate firm Cushman & Wakefield as property agent and the firm will lead the auction for the North Park site.
The 212,865 square foot site is available to buy on a leasehold or freehold basis. North Park was built in 2004 and is located at Newcastle’s Great Park, around six miles from the city centre. The site was designed in a £55 million project by ID Partnership.
The office building consists of six blocks which are adjoined by internal, full height atriums. In addition, the site includes several car parks, a restaurant, café, gym and other leisure facilities as well as vacant land.
Greg Davidson, Partner at Cushman & Wakefield, commented: “The Sage building occupies a significant site on the outskirts of Newcastle and offers an unrivalled opportunity within the region with a wide range of possible uses beyond its existing office use, including residential, assisted living or mixed-use development, subject to planning.”
One of the best ways to find properties below market price is to look at recent administrations.
The opportunity has arisen to purchase a successful business providing mapping services to their clients. They provide products and services where location is significant, using their own software developed in-house. The company was founded almos...
RELOCATABLE
The company offers the design, development, licensing, hosting, support, and maintenance of innovative vehicle delivery and storage software and driver applications for the automotive logistics industry internationally.
LEASEHOLD
The company is the developer of an intuitive and flexible audit and risk management software platform, which is firmly established as a leading solution within its field. The software is provided on an SaaS basis, providing a consistent stream of...
RELOCATABLE
04
|
Dec
|
Assets to be sold as industrial compressor firm collapses | ADMINISTRATION
Lontra Ltd, a manufacturer of industrial compressors, has ce...
01
|
Dec
|
PE-backed law firm adds locations across the UK with acquisition | BUSINESS SALE
Stowe Family Law, a law company backed by private equity fir...
01
|
Dec
|
Security consultancy acquired in MBO | MBO/MBI
CSG (Controlled Solutions Group), a live event security, tra...
10
|
Sep
|
Sage Group to sell its payment processing arm | BUSINESS SALE
Sage Group, the FTSE-100 technology firm which is thought to...
26
|
Dec
|
Hartlepool United Football Club for sale | BUSINESS SALE
After being relegated from the Football League for the first...
09
|
Dec
|
Software firm Sage mulling sale of payments business | DIVISION SALE
UK software firm Sage is considering selling its struggling ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.