The property comprises a modern detached industrial/warehouse unit on a popular industrial estate close to the Silverlink Retail Park and the A19. Built of steel portal frame construction incorporating ground floor office provision including WC's and first floor staff welfare area and additional stores.
( Agency Pilot Software Ref: 179 )
Location
The property is located on New York Way within the well-established New York Industrial Estate The property is 0.5 miles from the main junction of the A19 and A1058 (Coast Road) with the Tyne Tunnel 1.5 miles to the south. Newcastle City Centre is 7 miles to the west.
Accommodation
Warehouse 11,285 sq ft (1,048.4 sq m )
Ground Floor Offices in WC’s 1,422 sq ft (132.12 sq m )
First Floor Staff Welfare Area & Stores 1,422 sq ft (132.12sq m )
TOTAL 14,129sq ft ( 1,312.6 sq m)
Terms
SERVICES The property benefits from all mains services. Interested parties are to satisfy themselves in this regard.
RATEABLE VALUE We understand from the VOA website that the property has the following assessment:
• Property Description – Warehouse and Premises
• Billing Authority – North Tyneside
• Rateable Value - £57,000
TERMS The property is available by way of a new full repairing and insuring lease on terms to be agreed. Alternatively a sale of the long leasehold interest maybe considered. The long leasehold agreement is for a period of 125 years from December 1996. Full details on quoting rent and price are available upon application.
VAT & LEGAL COSTS VAT will be charged where applicable. Each party is to be responsible for their own legal costs incurred in this transaction.
Specification
• 5.5m to underside of haunch
• 2 electronically operated ground level loading doors
High bay lighting within the warehouse
• Secure shared service yard
• Demised staff parking area (27 spaces)