Property description
SITUATION
Consett is a major County Durham town located approximately 14 miles south-west of Newcastle upon Tyne and 14 miles northwest of Durham City. It is a shopping focus for Derwentside with a realistic catchment population of some 85,000
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The town has benefited enormously from substantial investment in recent years and is now home to a number of thriving businesses, the ongoing £100,000,000 Genesis project will generate further success for business parks, recreation and leisure centre’s and further residential housing is planned.
DESCRIPTION
The property comprises a two storey stone-built nineteenth-century industrial property of steel portal frame construction, under a dual pitched slate roof together with later extensions that form part of the block. The property is connected to all main services including 3 phase electricity.
Access to the property is provided via large steel roller shutters. To the rear of the building is a substantial hard standing yard enclosed in steel palisade fencing. Access to the yard can be gained via the lane leading from Henry Street.
The vendor has fitted solar panels which produce enough energy to run all lighting as well as a substantial amount of machinery. The panels were taken at the higher rate and have 22 years remaining with an income of approximately £7,000 per annum through the British gas feeding tariff. Further details are available on request.
ACCOMMODATION
Unit G2
Main Retail Warehouse - 5,000 sqft (465 m2)
Unit G2a
Warehouse - 23,500 sqft (325 m2)
Offices/Internal Storage - 2,500 sqft (232 m2)
Total (Overall GIA) - 11,000 sqft (1,022 m2)
ASKING PRICE
Our client is seeking offers in the region of £250,000 for the benefit of their freehold interest. The two units could be sold individually and we invite reasonable offers.
RATING ASSESSMENT
To be confirmed. Any interested party should make their own enquiries with the Local Authority.
ENERGY PERFORMANCE
Available upon request.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
Property Features :
- FOR SALE IN WHOLE OR PART
- Warehouse/Wholesalers Unit
- Existing Retail Use but would Suite a Variety of Uses STP
- Good Roadside Location on a Popular Bus Route
- Fitted with Solar Panels Producing an Approximate Income of £7,000 per annum