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Follingsby Avenue, Gateshead, Tyne And Wear, NE10

78,259 Sq Ft (7,270.26 Sq M) To Rent £410,900 Per Annum

General Enquiry
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Key Features
  • 78,259 sq ft
  • High bay warehouse with 10m eaves
  • 14 loading doors
  • 10 dock level doors
  • 4 level access doors
  • Two storey offices
  • 50m yard depth
  • 74 car parking spaces
Description

Modern high bay warehouse unit on Follingsby Park in Gateshead. Excellent facility with 10m minimum eaves, 10 dock level loading doors, 4 level access doors and 50m yard depth. Detached steel portal frame building with 2 storey offices and 74 car parking spaces. The property has a large service yard with additional open storage/trailer parking to the rear.

Location

Follingsby Park is a modern industrial estate extending to 110 acres at the centre of the Tyne & Wear conurbation with good access to Newcastle, Gateshead, Sunderland and South Tyneside.
The Park has direct access to a Motorway junction on the A194(M) giving easy access to the A1(M), the A19 and north to the Tyne Tunnel.

Services

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

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

According to the Valuation Office Agency website the property has a Rateable Value of £357,500. Interested parties speak to the Local Rating Authority to confirm the rates payable.

Terms

Available by way of assignment of a lease expiring 20th August 2031 at a passing rent of £410,900. This lease has a tenant break on 21st August 2026.

EPC

The EPC Rating for the property is B(46)