The property comprises a modern self-contained industrial unit constructed in 1991, with dedicated car parking and service yard. Constructed of steel portal frame design with insulated profile cladding to all elevations and roof above incorporating translucent roof lights. Internally the property comprises production and warehousing with two storey offices to the south elevation. The unit benefits from concreate floors, a minimum eaves height of 6.15 metres and maximum apex height of 7.85 metres. Loading is via five electric sectional up and over doors located to the west, south and east elevations with access from the concrete service yard. Car parking is located in a separate compound to the west. 360o circulation is possible for efficient traffic management. The property has a large site area of 0.89 ha (2.2 acres) giving a low development density of just 30%. The current tenant has installed three travelling cranes, a mezzanine floor with extra offices and two temporary buildings in the service yard and car park. These may be available by way of separate negotiation.
The subject property is located on Wayfarer Road, a central industrial location just off the A1231 Wessington Way, providing direct access to Sunderland and the A19. This property is just 2 miles north of Sunderland City Centre and 2.8 miles east of the A19. The drive time to NMUK Nissan plant is just 11 minutes.
We understand that the property is connected to all mains services. A substantial power supply is currently connected to the property.
All figures quoted are exclusive of VAT which may apply.
According to the Valuation Office Agency website the property has a Rateable Value of £134,000. This includes the temporary buildings and would be lower if these are removed.
The premises are available from 1st June 2019 by way of a new full repairing and insuring lease at an initial rent of £140,000 per annum.
The EPC Rating for the property is D(77)