Industrial to let in Pease Road, Peterlee SR8
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Location
The property and site are located on Davy Drive, North West Industrial Estate, Peterlee.
The estate is located near the main A19 trunk road and offers excellent communication links both North and South.
The surrounding estate is mainly industrial offering a mixed selection of warehouse and manufacturing units, of varying sizes.
The exact location is shown on the attached plan.
Description
The subject property offers an end terrace workshop / warehouse set within a larger industrial estate.
The subject property is of steel portal frame design with brick and blockwork infill walls and flat metal sheet / felted roof over.
Internally the property offers an effective eaves height of 3.8m rising to 4.2m, concrete floors and LED lights.
There are a selection of offices / reception and WC facilities located to the front of the unit.
Vehicular access to the accommodation is via a single steel automatic security shutter.
Externally there a communal yard and car parking
Accommodation
From onsite measurements the following areas have been calculated:
Workshop 296.17 m2
(inc Office / WC facilities)
total gia 296.17 M2
(3,188 sq ft)
Services
The property benefits from all mains services.
It is recommended that all interested parties contact the local service providers to ensure that the services are installed and operational.
Business rates
We understand from the Local Rating Authority that the premises have been assessed at:
Rv £12,500
(It is recommended that all interested parties contact the Local Authority to confirm rv figures.)
Tenure
The property is available by way of new Full Repairing and Insuring lease for a term of years to be agreed.
Service charge
A nominal service charge is payable for the up keep and maintenance of common areas.
Rent
Our client is seeking a rental in the region of £17,215 pa.
A rent bond of 3 months will be payable and held for the duration of the lease.
Incentives may be available subject covenant and lease term.
Energy performance certificate
C – 70
Full details upon request.
VAT
VAT will be chargeable at the prevailing rate.
Legal costs
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.
Viewing
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
Dec 2023
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Frew Pain & Partners, NE1 on +44 191 686 9887 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Frew Pain & Partners, and do not constitute property particulars. Please contact Frew Pain & Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.