Blaydon is situated on the south bank of the River Tyne, approximately 3 miles west of Newcastle City and Gateshead Town Centres. The area benefits from excellent communication links being less than 1 mile west of the A1 and A165, which provides access to the regional and national road networks. The subject property is situated on the popular Galaxy Business Park, which is predominantly industrial in nature. The estate offers a selection of workshop / warehouse units with open storage and office accommodation. The exact location is shown on the attached plan.
The subject property comprises an industrial warehouse of portal frame construction under a pitched clad roof with brick / blockwork and cladding to the eaves. The property is to be refurbished to provide a spacious warehouse with WC facilities. The accommodation will offer painted walls and floor with high bay LED lighting. Access is provided via an electric roller shutter door to the front elevation with steel security pedestrian door.
From onsite measurements the premises provide the following Area (gia) :
Workshop 195.19 m2
total gia: 195.19 M2 (2,101 sq ft)
The property benefits from all main services, with the exception of gas. (It is recommended that all interested parties contact the Local service providers to ensure that the services are operational).
It is understood the unit has been assessed as follows:
Rv : £4,250
(All interested parties should contact the Local Authority to confirm these figures).
The premises are available to let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.
The lease will be subject to a fair and reasonable proportion of the estates service charge for maintenance of common areas. Full details upon request
Our client is seeking a rent of £10,000 p.a. Exc. Incentives may be available subject to covenant and lease term.
Energy performance certificate
The EPC rating is Band E (125). Full details available upon request.
VAT will be chargeable at the prevailing rate.
Each party is to be responsible for their own legal costs incurred in the transaction.
By prior appointment with Frew Pain & Partners, contact:
James E F Pain