General Enquiry
Request a Viewing
Brochure / Documents

Mercantile Road, Houghton le Spring, Tyne and Wear, DH4

28,813 Sq Ft (2,676.73 Sq M) For Sale £2,852,000 for the Freehold, To Rent £230,500 Per Annum

General Enquiry
Request a Viewing
Click to view brochure / documents
Key Features
  • 28,813 sqft detached unit
  • 10m Eaves
  • 2 level access doors
  • Large secure fenced yard
  • 275kva power supply
  • Located next to the A690
Description

For sale/To let a modern detached industrial/warehouse unit extending to 28,813sqft constructed in 2015/16. The property is situated close to the A690 which provides dual carriageway access to both the A19 and the A1(M).

Location

Rainton Bridge is a mixed industrial and office park adjacent to the A690 immediately south of Houghton
le Spring. The whole area has become an established industrial/office park location with occupiers including Lear Corporation, Saietta and FedEx.

The property is situated close to the A690 which provides dual carriageway access to both the A19 and the A1(M)

Services

We understand that the property is connected to all mains services.

The property has an incoming power supply of 275 kva.

Interested parties are advised that they will need to satisfy themselves with regards to all service provisions within and supplied to the building.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

According to the Valuation Office Agency website the property appears on the April 2023 list as having a Rateable Value of £136,000.
Interested parties are advised to speak to the Local Rating Authority to confirm the rates payable.

Terms

The property is available freehold at offers over £2,852,000 or by way of a new FRI lease for a term to be agreed at a rent of £230,500 pa

EPC

The EPC Rating for the property is