Location
This opportunity is located on Pennyfine Road which is just off the A692 Gateshead Road that runs up from Lobley Hill through Sunniside and towards Stanley.
The immediate area comprises residential houses and is a popular address with high quality private housing. The unit has good access to the A1 Western Bypass and Consett & Stanley are both within an easy drive.
Description
This workshop is currently operated by SERMAC and is used for the storage and preparation of garage doors before they go out for installation.
The building is of steel frame construction with dual access via a large roller shutter and a small personnel door. There is a concrete floor within and a large forecourt to the front with ample room for owners and customers to park.
This site was subject to a planning application in 2018 (DC/18/00148/FUL) for the development of 2x bungalows. The application was successful and the neighbour subsequently built a house on their land to the south. Our client chose not to complete their development but all the plans are available on Gateshead Planning Portal and they outline the layout and style that was permitted.
This is a rare freehold opportunity in a popular area and viewing is recommended.
Services
3 phase electricity and water are installed.
Tenure
We are verbally informed that the site is held on a freehold title TY99268.
Business Rates
The premises are assessed as follows:
Rateable Value £6,400
Rates free incentives subject to status.
EPC
Rating G.
Money Laundering Regulations:
In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.