- £33,552 per annum (£2796 pcm)
- The property extends to 542.25 sq m (5,837 sq ft)
- Priced at £5.75 per square metre
- Located in a prime business area
- Large unit making it perfect for relocating your business.
- Close to public transport links and the Coast Road and A1 Motorway.
- Units nearby are City Plumbing, Green Digit Ltd, The Bathroom Showroom, Adaptions & Loan Equipment Service.
- Free public car parking
The location is desirable for businesses due to its proximity to major road networks, including the A19, A1058 Coast Road and A191. It is also just 20 minutes from Newcastle city centre and 30 minutes from Newcastle International Airport.
This warehouse unit offers ample space for storage and distribution with a total floor space of 5837 square foot. Situated in a prime location with easy access to major highways and transport routes, this unit includes a loading dock to the rear of the unit, ample parking for employees and visitors. The unit also features high ceilings, good lighting, and ventilation systems to ensure a comfortable working environment. This unit is ideal for businesses looking for a secure and spacious facility to meet their needs.
Internally the property comprises of a trade counter and warehouse together with ancillary office accommodation and a mezzanine store. The warehouse is essentially arranged on a solid concrete floor with lighting provided by strip lighting. The warehouse has an eaves height of approximately 4.3m. The mezzanine floor is accessed by a steel staircase contained within the warehouse. A steel concertina door provides access to the rear.
The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £33,552 per annum exclusive.
The current ratable value from (1st April 2023 to present): £36,000. This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill. The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief. For further information please contact you local council.
The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.
All figures quoted are exclusive of VAT where chargeable.
By appointment only through sole agents, Thrower Stone Group.
Call: 0191 477 5777