The property comprises a well presented detached industrial unit together with office accommodation, also suitable for warehousing and distribution (STP). Built during the late 1980’s, the property is constructed of a steel portal frame with 22 feet minimum eves height and with brick and block elevations at ground floor level, thereafter insulated profile steel clad to the remainder of the elevations and pitched roof.
The workshop area benefits from good quality load bearing mezzanine, providing additional workshop/storage accommodation at both first and second floor level. Last used for light industrial purposes, the property would suit a wide range of industrial/logistical uses.
Externally, there is parking for several cars to the front, together with a loading area in front of the large roller shutter door to the front elevation. There are additional yard areas to the side and the rear of the property.
The office accommodation comprises 15 offices of various sizes arranged over three floors, businesses that have a high office demand should note that the 1st and 2nd floor mezzanine would easily convert into additional office space. Alternatively, businesses requiring greater eaves height in the workshop should note that the mezzanine floors can easily be removed.
Location
The property is accessed from Brick Kiln Lane leading to Rosevale Road. Parkhouse Industrial Estate is in the Newcastle conurbation located approx. 4 miles north of the town centre. The estate is immediately accessed from the A34, which links to A500 in turn providing access to junctions 15 & 16 of the M6 motorway.
Accommodation
Ground Floor:
Offices (inc WC’s) - 1,805 sq.ft. (168 sq.m.)
Workshop Area - 3,525 sq.ft. (328 sq.m.)
First Floor:
Offices - 1,380 sq.ft. (128 sq.m.)
Mezzanine - 3,060 sq.ft. (284 sq.m.)
Second Floor:
Offices - 1,380 sq.ft. (128 sq.m.)
Mezzanine - 3,479 sq.ft. (323 sq.m.)
Total GIA: 14,629 sq.ft. (1,359 sq. m.)
Outside - Parking to the front for eight vehicles plus loading area.
Additional Yard Areas: 360 sq. yards.
Total Site Area: 0.25 acres.
Terms
SERVICES - We have been advised that all mains’ services are connected, including a 400 amp per phase electricity capacity (currently running at 200 amp per phase). Heating throughout the workshop areas is by means of a gas fired hot air ducting system. The offices are heated by gas fired central heating.
VAT - The sale price or rent is not subject to VAT.
BUSINESS RATES - Rateable Value: £37,250 Rates Payable: £18,587.75 pa (21/22)
TENURE - Freehold subject to contract. Alternatively, by way of full repairing and insuring lease for a term of years to be agreed, subject to rent reviews every three years and with each party bearing their own legal fees.
FOR SALE - £400,000
TO LET - £35,000 pax
ANTI MONEY LAUNDERING REGULATIONS - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Specification
- Detached industrial/warehouse premises with 22ft to eaves
- Ground floor workshop 3,525 sq.ft. (GIA)
- Offices (over 3 floors) 4,565 sq.ft. (GIA)
- 1st and 2nd floor mezzanine 6,539 sq.ft. (GIA)
- Popular industrial estate location with excellent road connections
- EPC 72 (Band C)