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Follingsby Avenue, Gateshead, Tyne And Wear, NE10

98,507 Sq Ft (9,151.3 Sq M) To Rent £493,350 Per Annum

General Enquiry
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Key Features
  • High bay unit with offices and parking
  • 9.4m eaves height
  • 98,507 sq ft
  • Includes offices/welfare of 19,267 sq ft over two floors
  • 5 dock level loading doors
  • 2 level access loading doors
  • Excellent road links via A194(M)
  • Secure and well maintained estate
Description

High bay industrial warehouse with extensive office and staff welfare facilities ideal for a HQ premises, fulfilment centre, or manufacture/assembly unit with associated offices for design, admin and sales etc.

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.

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 April 23 of £430,000. Interested parties speak to the Local Rating Authority to confirm the rates payable.

Terms

Available by way of assignment of a lease expiring 25th March 2031 at a passing rent of £493,350. This lease has a tenant break on 26th March 2026.

EPC

Unit 1 - EPC C(55)
Unit 1A - EPC D(83)
Copies are available on the HTA website.