The property comprises modern self-contained warehouse constructed in circa 1998 with dedicated car parking and 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 warehousing with two storey offices to the front elevation. There is a mezzanine floor providing additional storage which can remain or be removed. The warehouse benefits from concreate floors, an approximate eaves height of 6.20 metres and maximum apex height of 9.50 metres. Loading is via four electric sectional up and over doors located to the side elevation with access from the concrete service yard. Car parking is located to the front. The office accommodation is located over the ground and first floor and is fitted out to good standard providing suspended ceilings, comfort cooling, carpeted floors and painted walls which is further complemented with WC and kitchen facilities.
The subject property is located on Hall Dene Way, Seaham Grange Industrial Estate, a well-established location just off the A19, providing direct access to Newcastle and Sunderland to the north and Teesside to the south. The property is situated on the west side of Hall Dene Way with nearby occupiers including Metso, Arc Cookware, Prima Cheese, GBA and Mission Foods. This estate is located 4 miles south of Sunderland, 11 miles north-east of Durham and 16 miles south-east of Newcastle upon Tyne.
We understand that the property is connected to all mains services.
All figures quoted are exclusive of VAT which may apply.
According to the Valuation Office Agency website the property has a 2017 Rateable Value of £169,000. This includes the mezzanine area and would be lower if removed.
The premises are available by way of new Full Repairing and Insuring lease for a term of years to be agreed at a rent of £180,000 pa.
The EPC Rating for the property is D(80)