Summary
A pair of interconnected warehouse/industrial units of Portal framed design with a minimum eaves height of 18 feet rising to an apex of 24 feet. Both units are well presented and offer open space suitable for both
storage and manufacturing purposes and are accessed bv means of electrically operated roller shutter doors with 13 feet clearance. Bay 2 has a very useful mezzanine floor which extends to 2,930 sq ft. To the front of the units is a temporary portal framed structure providing an additional space for storage and/or an undercover loading area. The units can either be let as one or split as there is already a dividing wall between the two bays and each has its own ‘trade counter’ style glazed frontage. Externally there is also the benefit of a secure and tarmacked yard area providing HGV access and staff car parking.
Key Points
Warehouse/industrial unit 8,182 sq ft with secure yard area.Plus 2,390 sq ft of mezzanine and a further 1,489 sq ft of dry storage.Located in popular and very accessible industrial estate.Modern portal framed unit with 18 feet to eaves.A500 – 1.4 miles, junction 16 of the M6 – 5 milesEPC:TBC
Tenure
Available by way of a new Full Repairing and Insuring lease for a term of years to be agreed, subject to rent revies every three years and with each party bearing their own legal fees in connection with the preparation of the lease.
Business Rates
The units need to be reassessed for business rates. Referring to the Valuation Office rate per sq meter for this type of property the agents estimate that the Rateable Value will be in the region of £34,000 which would generate a rates payable liability of approx. £17,000 pa. Please note the above is an ‘estimate’ and interested parties are advised to get independent advice in this regard
VAT
The rent is subject to VAT.
Services
All mains services are connected and will be sub metered and invoiced periodically by the landlord. There is an electric submeter adjacent to the property which enables the units to be supplied by a substantial power supply if required. No services have been tested by the agents.
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Location
The premises is located towards the end of Winpenny Road within the Parkhouse Industrial Estate which is both well-known and very accessible via the road network. The Estate is approx. 3 miles to the north of Newcastle town centre and 1 mile from the A500 which provides access to Junctions 15 and 16 of the M6 Motorway.