The subject property comprises a former printworks that was previously occupied by RR Donnelly. The property sits on a broadly rectangular site measuring 1.3 ha (3.2 acres) with a site density of 43%. The property was constructed in the early 1990s and comprises a double bay steel portal frame structure with part steel profile sheet cladding and part brickwork to all elevations, it is surmounted by a steel sheet roof.
The property is situated 5km (3.1 miles) to the south of Newcastle city centre and 15 km (9.3 miles) to the east of Sunderland city centre off Princesway on the Team Valley Trading Estate in Gateshead, Tyne & Wear. Junctions 67 and 68 of the A1 are within a five minute drivetime of the property. Neighbouring occupiers include, Gateshead College, Edmundson Electrical, BT Openreach, Dulux Decorating Centre and Borg Warner
We understand that the property is connected to all mains services. Interested parties should however make their own enquiries to confirm availability of services.
All figures quoted are exclusive of VAT which may apply.
According to the Valuation Office Agency website the property has a Rateable Value of £270,000. Interested parties should speak to the Local Rating Authority to confirm the rates payable.
The property is available by way of a new sublease on a full repairing and insuring basis on terms to be agreed.
Available on request.