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Under offer

Garage Workshop and Caravan Storage Facility

Annfield Plain £565,000 Freehold REF: NE1682

Location

Annfield Plain is a village 2 miles to the south east of Stanley on the north side of the A693.  The property and site are located on Morrison Road Industrial Estate which is a popular commercial location at the junction of the A693 and the B6168 and there is good road access to both Newcastle/Gateshead and Durham.

Description

The property comprises a steel portal frame workshop   and garage facility which includes a two-storey office space and a large secure yard to the rear.  The offices pace incorporates a public reception area and admin areas plus staff and client welfare facilities. 

The unit is currently a fully functioning MOT garage and repair workshop and all trade equipment will be included in the sale.  There is customer parking to the front and rear of the main garage with vehicular access from the front via 3 roller shutters and another to the rear.  

Directly behind the main building there is a separate secure 110 bay compound which is used for the storage of cars, caravans and motorhomes.  The site has circa 90% occupancy and generates up to £35,000 per annum with limited fixed costs.

Approximate GIA Measurements

Site Area                      circa 1.86 Acres (0.75 Ha

Ground Floor

Workshop                    circa 7,500 sq.ft. (700 sq.m.)

Offices                         circa 1,800 sq.ft. (167 sq.m.)

Offices                         circa 1,800 sq.ft. (167 sq.m.)

Secure Yard                 circa 52,000 sq,ft, (4,800 sq,m,)

Services

3 phase Electricity, Water and Gas are installed to the main unit.  Heating is by way of roof mounted gas blowers.            

Fixtures & Fittings

An inventory would be provided to bona fide purchasers prior to an exchange of contracts.

VAT

No VAT is applicable.

Rates

The premises are assessed as follows:

Rateable Value £35,500

Tenure

We are verbally informed that the premises are available on a Freehold basis.  Interested parties should seek legal confirmation of this.

EPC

Rating - D.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser will be required to provide two forms of identification and proof of the source of income.

Viewing

Strictly by appointment.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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