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Units 11 & 12, Pioneer Court, Morton Palms Business Park, Darlington, DL1 4WD
7,482 Sq Ft / Offices / Business Park
Withdrawn - Last updated: 07 June 2022
Units 11 & 12 Pioneer Court comprise a detached, two storey office
building of steel portal frame construction with part block part curtain
wall cladding. The units feature expansive double glazing that have
been incorporated to the front and rear elevations and have been split
into two semi-detached “own front door” units.
Location
Morton Palms Business Park is located 2.5 miles east of Darlington town centre,
adjacent to the A66 which connects it to Middlesbrough 14 miles to the east and the A1 (M) 4.5 miles to the west
Pioneer Court was the second phase of the development at Morton Palms Business
Park, constructed in 2006. There are 12 units centred around an estate road and car park with occupiers on the park including Bellway, ADG Architects , Aedis, Samsung and Home Office.Terms
Offers for the whole are sought in excess of £750,000 (Seven Hundred and Fifty Thousand Pounds) reflecting a Net Initial Yield of 10.37% after deducting costs of 5.40%
Unit 11 is available in excess of £461,300 reflecting a Net Initial Yield of 9.75% after deducting costs of 4.52%
Unit 12 is available in excess of £288,700 reflecting a Net Initial Yield of 11.75% after deducting costs of 3.16%
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