Key features
- Warehouse units to let
- GIA 751.01m2 (8,083ft2)
- Within a popular industrial estate
- EPC Rating A24
- Available in part or as a whole
- Suitable for a variety of uses STPP
- Bus stops located 0.8 miles.
- 1.1 miles from train station.
- 0.8 miles from A1
- 24.4 miles from Newcastle International Airport.
Description
LOCATION
The property is located within Cathedral Park on Belmont Industrial Estate in County Durham. The industrial estate is located off junction 62 on the A1, approximately one mile north of Durham City Centre.
Belmont lies approximately 9 miles south of the city of Sunderland and 16 miles south of Newcastle Upon Tyne.
DESCRIPTION
The property comprises of two, adjoining single storey industrial units, with electric roller shutters. The units are of steel frame construction, with concrete flooring and drop-down florescent lighting, partitioned with a breeze block wall. Both units benefit from a gas boiler heating system, CCTV and 3 phase electrics, unit 5 also benefits from a mezzanine level.
ACCOMMODATION
Unit 5 Ground Floor 469.04m² 5,048ft²
Unit 5 Mezzanine 184.46m2 1,986ft2
Unit 5 Total 635.52m2 6,841ft2
Unit 4 Total 281.97m2 3,035ft2
Unit 4 & 5 Total 751.01m2 8,083ft2
Total Inc. Mezzanine 917.49m2 9,875ft2
RATING ASSESSMENT
Description RV Estimated Rates Payable
Warehouse & Premises £37,250 £16,538
We are advised that the rateable value of the premises as at 1 April 2023 is £37,250 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.
EPC RATING
A24
TERMS
The subject property is available by way of a new lease with terms to be agreed from £53,000 (Fifty Three Thousand Pounds) per annum. Each unit can be let individually. Rents available upon request.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Joseph I’Anson or Marc Pickering at Bradley Hall.
Tel: 0191 383 9999
Email: [email protected]
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