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Mill Hill, North West Industrial Estate, Peterlee, Durham, SR8

56,591 Sq Ft (5,257.3 Sq M) To Rent £283,000 Per Annum

General Enquiry
Request a Viewing
Click to view brochure / documents
Key Features
  • 56,591 sq. ft (5,250 sq. m)
  • 2 MVA power available.
  • Location close to A19
  • Refurbished in 2016
  • Three x 3T cranes
Description

To Let industrial unit located on Mill Hill, Peterlee and extending to 56,591 sqft. The property is a detatched manufacturing facility with two storey offices fronting Mill Hill. The premises were completely overhauled and refurbished in 2016.

Location

Peterlee is situated in a strategic location midway between the Tyneside conurbation in the North and the Teesside conurbation to the south. Access to the principal population areas of Middlesbrough, Sunderland and Newcastle is provided by the A19 dual carriageway which links to the A1(M) and the national motorway network.
The North West Industrial Estate has attracted occupiers such as Caterpillar UK Ltd, NSK and
Sotech Optima.The property is located on the corner of Mill Hill and Davy Drive to the north of the main Caterpillar factory.

Services

We understand that all mains services are available in the building and there is a 3 phase electricity supply of 2MVA.

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 £151,000.
Interested parties should speak to the Local Rating Authority to confirm the rates payable.

Terms

The property is available by way of a new lease at a rent of £283,000 per annum for a term of years to be agreed.

EPC

The building has an EPC rating of C51.