The premises comprise a detached industrial unit of steel framed construction with office accommodation to the front over two floors. The original building was extended in 2001. Steel portal frame building with brick/blockwork base walls with insulated profile metal sheeting above, which also extends to the roof which incorporates translucent roof lights. The unit has an eaves height of approximately 6m (5.6m in the extension) and maximum apex height of 7.55m. Loading access is via three insulated sectional up and over loading doors, two to the western elevation and one on the north elevation serving the extension. The unit has modern LED high bay lighting throughout. The offices have gas central heating radiators and comfort cooling in one area. They are carpeted throughout with suspended ceilings, LED lighting and dado trunking for power and communications. The ground floor offices have been extended into the production area. The site has security fencing and a car park to the front provides 24 spaces. An additional car park to the west provides a further 49 car parking spaces. Loading is via a service yard to the West elevation.
Rainton Bridge is a mixed industrial and office park adjacent to the A690 immediately south of Houghton le Spring. Gadwall Road comprises 4 detached industrial units with good access to the A690 via the B1284 and Cygnet Way. Together with Mercantile Road opposite the whole area has become an established industrial/office park location with occupiers including Lear Corporation, TRW Systems and TNT.
We understand that the property is connected to all mains services. Interested parties are however advised to make their own enquiries.
All figures quoted are exclusive of VAT which may apply.
The Valuation Office Agency website lists the property with a Rateable Value of £142,000. Interested parties should speak to the Local Rating Authority to confirm the rates payable.
Available by way of a full repairing and insuring lease for a term to be agreed at a rent of £237,100 per annum exclusive.
The property has an EPC rating of C(59). A copy of the EPC is available on request.