The property comprises a modern high bay warehouse / industrial building of steel portal frame construction. The building is clad with insulated profile sheeting to elevations and roof. Internally the warehouse provides a 12m clear eaves, six self levelling dock levellers with one level access door. The warehouse benefits from a three storey office, high bay LED lighting and power floated floor with max loading of 50KN/m2. The main office accommodation has been fitted out to an excellent standard, providing entrance, reception with passenger lift to first and second floors, and a selection of high quality open plan and cellular offices, kitchen and WC facilities. The second floor provides several boardrooms along with gymnasium and meeting rooms. Externally there is a large concrete yard servicing the warehouse and extensive car parking to the front. The site benefits from perimeter security fencing and soft landscaping to boundaries.
Foxcover Industrial Estate is a modern development providing high specification accommodation with a wide selection of national operators including Yearsley Group. The estate benefits from excellent road communications, connecting directly to the A19, 1.5 miles to the west via the A182. The A1(M), the region's other main arterial route, is located approximately 6 miles to the west. Seaham is an attractive coastal town located in east County Durham approximately 15 miles south east of Newcastle upon Tyne, 10 miles east of Durham and 20 miles north of Middlesbrough.
Mains supplies of water and 3 phase electricity (300KVA) are provided to the property, along with fire detection, CCTV and security alarms. Mains gas is provided to the estate road but has not been connected to the property.
All figures quoted are exclusive of VAT which may apply.
From the VOA Website we understand the premises are assessed at RV £352,500. All interested parties should satisfy themselves with these figures.
The premises are available by way of a new full repairing and insuring lease at an initial rent of £661,550 per annum
The EPC Rating for the property is C(68)