Commercial Property To Let
Industrial
Workshop / Warehouse
Gateshead
£18,000 To Let (Leasehold)
REF: NE2246
Location
This premises form part of a small courtyard estate located within the heart of Team Valley Trading Estate. Park Court is at the southern end of the estate, not far from Sainsbury’s and with easy access onto Kingsway and the A1 Western Bypass.
Description
Comprises a large open plan space which has been reconfigured internally to include a couple of additional office and storage spaces. Entry to the main unit is via a roller shutter door and there is also a separate personnel door allowing easier access into the office areas.
The unit is in excellent condition throughout and suitable for a variety of uses, subject to any required consents.
Accommodation
The property has been measured in accordance with the Code of Measuring Practice and reported on a Gross Internal Area basis as follows:
Ground Floor
Workshop circa 1,600 sq.ft. (150 sq.m.)
Office circa 260 sq.ft. (24 sq.m.)
W.C.
External
Designated Parking 3 spaces.
EPC
Rating D.
Services
3 phase electricity is installed.
Business Rates
The premises are listed on the VOA as;
Rateable Value £15,750
Terms
The unit is available on a new FRI lease for a term to be agreed. The commencing rent is £1,500 per month (£18,000 per annum) plus a service charge contribution.
Legal Costs
The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
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.
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