Location
The premises are located within a small industrial estate located just off Bensham Bank close to the A1 (M) Western Bypass and with easy access to central Newcastle. The premises would be suitable for industrial or warehouse use and since 2002 the unit have been the base for a successful wholesale food and drinks delivery business.
Description
The premises comprise an extensive warehouse unit together with reception and staff facilities on the ground floor. There is an upper mezzanine level which is used as an office facility. Externally, there is a parking to the front entrance with a large enclosed secure compound and access into the warehouse via full height doors.
Accommodation
The property has been measured in accordance with the Code of Measuring Practice and reported on a Gross Internal Area basis as follows:
|
Description |
Sq.ft. |
Sq.m. |
|
Ground Floor |
|
|
|
Reception / Staff Area |
1,300 |
121 |
|
Warehouse |
12,000 |
1,115 |
|
Former Cold Store |
325 |
30 |
|
Boiler Room |
- |
- |
|
First Floor |
|
|
|
Offices |
925 |
86 |
|
W.C.’s |
- |
- |
External
Parking
Large Secure Compound
Terms
The property is available on a new lease at a rent of £44,000 per annum plus VAT. Full terms and length of lease to be agreed. The ingoing tenant will be responsible for the landlord’s costs in the preparation of the new lease.
VAT
VAT is applicable.
Services
Water and electricity are installed to the unit.
Business Rates
The premises are assessed as follows:
Description Rateable Value
Factory & Premises £30,750
EPC
Rating – C.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.