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12A Follingsby Close, Gateshead, Tyne And Wear, NE10 8YG

43,497 Sq Ft (4,040.87 Sq M) To Rent £220,135 Per Annum

General Enquiry
Request a Viewing
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Key Features
  • *Flexible short term lease available*
  • Fully refurbished modern unit with large yard
  • 3 level access and 2 dock level loading doors
  • 1MVA power supply
  • 8m eaves height
  • Large secure service yard
  • Ample car parking spaces
  • Ground and first floor offices including canteen
Description

*Flexible short term lease available*
Superb modern high bay unit on Follingsby Park. The building has 8m eaves height, two storey offices, dock and level access loading doors and a very large secure service yard. Undergoing refurbishment and available by way of assignment of a lease. New lease available by negotiation.

Location

Follingsby Park is a premier industrial estate extending to 110 acres at the centre of the Tyne & Wear conurbation. With direct access to a Motorway junction on the A194(M), the park has good links to the A1(M), the A19 and all the region's main towns and cities, including Newcastle, Sunderland and Durham.

An established prime industrial location with a mixture of tenants including Energizer, Pioneer Foodservices, DX Express, and Rustoleum.

Services

We understand that the property is connected to all mains services. The power supply has been upgraded to 1 MVA with a dedicated transformer and LV switch room.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

The Valuation Office Agency website lists the property with a Rateable Value of £295,000 from April 2026. Interested parties should speak to the Local Rating Authority to confirm the rates payable.

Terms

Available by way of assignment of a lease expiring 2nd June 2028 at a passing rent of £220,135 per annum. The lease has security of tenure. Alternatively, a new lease can be negotiated.

EPC

The EPC Rating for the property is B(39). A copy is available on our website.