Property description
SITUATION
The premises is currently a vehicle dismantling facility, located within Newburn Industrial Estate which lies conveniently less than 1 mile from the A1(M). Newburn now forms part of the Newcastle conurbation and is 5 miles to the west of the city centre, upstream of the River Tyne.
DESCRIPTION
Access is gained to the premises via Shelley Road within Newburn Industrial Estate. The compound has a security gate house in addition to gated access.
The warehousing comprises a high bay warehouse building of steel portal frame with access via shutters to the side, rear and front of the building.
The premises also offer office accommodation, a security office with multi CCTV, welfare facilities and office storage.
Externally the premises comprise a surfaced secure fenced yard of approximately 6.63 acres.
Interested parties should note that the freehold ownership extends to beyond the secure site and includes river frontage, bank and bed, land to the west of the site and land fronting Shelley Road. The total ownership is approximately 10.35 Acres. Deeds are available for inspection to interested parties.
ACCOMMODATION
Warehouse
4176.3m²
44,953ft²
Storage
505.2m²
5,422ft²
Offices
550.9m² 5,929ft²
Total Site
6.63 Acres
TERMS
The entire premises are available on a flexible new lease to be agreed. Alternatively our client may consider freehold offers for the entire site.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Warehouse & Premises
£106,273
£49,948
We are advised that the rateable value of the premises as at 1 April 2010 is £29,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
LEGAL COSTS
Each party is to be responsible for their own legal costs associated with the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
Strictly by appointment only through sole agents Bradley Hall Chartered Surveyors on 0191 2328080.
Property Features :
- To Let on New Lease / May Sell
- Warehousing of 44,593 sq ft
- Secure Site Approx 6.63 Acres
- Convenient Access close to A1(M)
- Development Potential