Leasehold £70,000 Per Annum
Millenium Court, Dukesway, Gateshead, Tyne And Wear NE11 0PZ

  • Attractive modern industrial unit on Team Valley
  • Prominent location for trade use
  • Warehouse 7,195 sq ft
  • Two storey offices 4,026 sq ft
  • Eaves height 5.3m
  • Apex height 8.1m
  • 20 car parking spaces plus extra yard area
  • Gas heating to the warehouse

Description

The property comprises a detached warehouse unit, with ground and first floor offices and a trade counter area fronting onto Dukesway. The warehouse is of steel portal frame construction with brick and block walls and profile steel sheet cladding above, to an eave's height of 5.3m (8.1m to the apex). The roof is of steel profile sheet cladding with translucent rooflights. The warehouse has a solid concrete floor and benefits from sodium lighting and gas fired wall mounted heaters. Access is via an up and over roller shutter door 5m x 5m from the service yard. The offices are over 2 floors and have powder coated aluminium windows with security shutters. The offices are carpeted with suspended ceilings and lighting and are heated via a gas fired boiler to radiators. There is also a kitchen and reception area with WC's. Externally there is a service yard and 20 car parking spaces to the southern elevation. Additional parking could be created within the yard area.

Location

The unit is situated in a prominent position to the northern end of Dukesway adjacent to the A1 to the west. The main junction onto the A1 is within close proximity providing excellent access to the region's main arterial road network. Newcastle City Centre is located circa 5 miles to the north east and Newcastle International Airport 12 miles to the north. Team Valley Trading Estate is generally regarded as the premier estate in the region boasting over 700 business employing over 20,000 people. The valley offers a wide range of amenities, including hotels, restaurants and cafes as well as a retail park, supermarket and shops and is home to a wide variety of established businesses.

Services

We understand that the property is connected to all mains services. Interested parties should satisfy themselves that this is correct.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

According to the Valuation Office Agency website the property has a Rateable Value of £57,500. Interested parties are advised to speak to the Local Rating Authority to confirm the rates payable.

Terms

Available by way of a new full repairing and insuring lease for a term to be agreed at a rent of £70,000 per annum exclusive.

EPC

The EPC Rating for the property is C(67)

Make an enquiry

Nick Atkinson
0191 245 3011 - nick.atkinson@htare.co.uk

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