Leasehold £40,000 Per Annum
Princesway, Gateshead, Tyne And Wear NE11 0TU

  • Detached industrial unit on Team Valley
  • Prominent corner position on Princesway and Western Avenue
  • Integral Offices
  • Additional mezzanine storage space above offices
  • 17 dedicated car parking spaces
  • Fenced yard

Description

The property comprises a modern self-contained industrial unit 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 a workshop with integral offices to the front. The unit benefits from concreate floors, a minimum eaves height of 3.8 metres and maximum apex height of 5.42 metres. Loading is via an electric roller shutter door located to the rear with access from the service yard. Car parking is located to the front and side with 17 dedicated spaces. A mezzanine floor has been created above the offices providing additional storage and amenity space.

Location

The property is prominently located on the corner of Princesway North and Western Avenue within the Team Valley Trading Estate, the North East's largest commercial estate. The estate covers a total area of approximately 238 hectares and provides more than 650,000 sq m of buildings including industrial, office, retail and leisure. The estate lies approximately 3 miles to the south of Newcastle City Centre. There is direct access to the A1 Western By-Pass providing connection to the regional road network and beyond.

Services

We understand that the property is connected to all mains services.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

Rateable Value : £32,500

Terms

The premises are immediately available by way of a new full repairing and insuring lease at an initial rent of £40,000 per annum

EPC

The EPC Rating for the property is C(63)

Make an enquiry

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

  • This field is for validation purposes and should be left unchanged.