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Alston Road, Pattinson North, Washington, Tyne And Wear, NE38 8QA

96,689 Sq Ft (8,982.41 Sq M) To Rent £425,000 Per Annum

General Enquiry
Request a Viewing
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Key Features
  • 96,689 sqft
  • 9 meter eaves
  • 8 dock and 3 level access doors
  • Secure fenced yard/car park
  • Fully sprinklered
  • LED lighting and gas heating to warehouse
  • Roof mounted PV solar panels.
  • New DB boards and electrical ring main.
Description

To Let detached warehouse/industrial unit extending to 96,689 sqft located on Pattinson North Industrial Estate, Washington approximately 1 mile south of Nissan UK.

Location

Washington is located between the A1(M) and the A19 within the boundaries of the City of Sunderland,
which lies 4 miles to the west.

The property is situated approximately 6 miles south east of Newcastle upon Tyne and 5 miles north east
of Durham City. As well as being within the heart of the region's arterial road network, Newcastle International Airport is situated approximately 12 miles north west and there are Inter City rail stations at Newcastle and Durham.

The major port facilities both on the River Tyne and in Sunderland are also easily accessible.

Services

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

The property has a three-phase incoming power supply of 207kva.

A roof mounted 707KWp PV solar panel system has been installed. The ingoing tenant will be contracted to take the supply produced at a competitive rate. Full details can be provided on request.

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 £228,000. Interested parties are advised to speak to the Local Rating Authority to confirm the rates payable.

Terms

The property is available by way of an assignment of the existing 15-year FRI lease expiring 30th September 2035 at a current passing rent of £425,000pa rising to £475,000pa from 1st October 2024 until the first review.

Consideration may also be given to the granting of a new lease on terms to be agreed subject to the Landlords agreement.

EPC

The property currently has an EPC rating of C (59).

A copy of the EPC certificate is available on request.

Significant works have been undertaken since the rating was awarded including the installation of LED lighting and roof mounted PV solar panels.