The subject property comprises a high bay detached distribution warehouse unit which was built in 2006 of steel frame construction with profile insulated sheeting to the elevations and roof.
Location
Seaham is situated immediately to the east of the A19, which is one of the regions principal north south arterial routes and links Tyneside with Teesside. The A1(M) is approximately 8 miles to the west, with Sunderland being approximately 5 miles to the north, Durham 15 miles to the south west and Teesside lying approximately 30 miles to the south.
Access taken into the estate is taken off the A182 which links directly with the A19 approximately 1 mile to the west. Other occupiers on the estate include Biffa Polymers, Sofology, MetroMail and Lineage.
The site is extremely well located in relation to the regional arterial road network, as well as the North East ports including Tees Port, The Port of Tyne and Seaham.
The site is close to the main East Coast Railway Network and there is a rail link into the port of Seaham, approximately 1 mile to the north east.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a gross internal area.
Warehouse - 11,104 sq m (119,525 sq ft)
Offices - 543 sq m (5,845 sq ft)
Mezzanine - 678 sq m (7,299 sq ft)
Plant Room - 20 sq m (218 sq ft)
Total GIA - 12,345 sq m (132,887 sq ft)
Site Area - 3.38 Ha (8.36 Acres)
Terms
Rateable Value - The Valuation Office Agency (VOA) website describes the property as: ‘Distribution Warehouse and Premises’:
Rateable Value (2017) - £385,000 (This includes the current picking tower)
Tenure - Freehold
Price - £5,850,000 exclusive.
EPC - Band C (64)
Legal Costs - Each party will be responsible for their own legal and professional fees in the transaction.
Services - We understand that all mains services are connected to the property none of which have been tested or warranted. Interested parties should satisfy themselves in this respect.
Specification
Offices
- Carpeted throughout
- Raised access floor
- Cat 2 lighting
- Gas heating
- Carpeted
- Double glazed windows
- Canteen
- Meeting rooms
- Open plan and cellular offices
- Locker room
Warehouse
- LED sensor lighting
- 12m eaves rising to 15m at the apex
- 10 dock level access doors
- 1 level access door 4m wide by 5.5m high
- Fully supported mezzanine
External
- Dedicated concrete yard
- Extensive car park
- Bike shelter