Leasehold £53,340 Per Annum
Unit 3-4, Penshaw Way, Chester Le Street, Tyne And Wear DH3 2SA

  • Warehouse with secure service yard
  • Excellent access to A1(M)
  • Two electric roller shutter doors
  • 4m eaves height

Description

The building is of brick and concrete frame construction with a pitched, insulated roof and solid concrete floors throughout. The minimum eaves height is 4m and each unit is 7m high at the apex. There are two roller shutter loading doors (3.88m wide by 4.3m high). Externally there is car parking and a secure storage compound to the rear with access down the side of the building. There are partitioned offices, kitchen and WC within the warehouse. The premises would suit a range of warehousing and distribution business and are available either as a whole or as individual units.

Location

The premises are located on Penshaw Way, close to its junction with Portobello Road which provides easy access to the A1(M) North and South and the A1231 Sunderland Highway. As such the premises benefit from excellent road links to Newcastle, Gateshead, Durham and Sunderland and the National road network. Portobello is a popular established industrial estate situated between Washington and Birtley with access to local amenities and services in both areas.

Services

We understand that the property has an electrical supply from the adjacent unit with a check meter. Mains supplies of water and drainage are connected.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

The Valuation Office Agency website has the property listed as follows: Unit 3 - RV £23,750 Unit 4 - RV £23,250 Interested parties 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 £53,340 per annum exclusive.

EPC

The EPC Rating for the property is D(83)

Make an enquiry

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

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