NORTH EAST COMMERCIAL AGENTS & PROPERTY CONSULTANTS
CALL: 0191 229 9517 EMAIL: james.pain@frewpain.co.uk
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MODERN HIGH QUALITY WAREHOUSE WITH INTEGRAL TWO STOREY OFFICE (INCLUDING SHOWROOM) AND SECURE YARD
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GIA : 1,140.25 M² (12,274 SQ FT)
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FREEHOLD OFFERS IN THE REGION OF £750,000 (SUBJECT TO CONTRACT)
UNIT 2, ANGEL PARK, DRUM INDUSTRIAL ESTATE, CHESTER LE STREET, CO. DURHAM, DH2 1AQ
LOCATION
The subject site and premises are located at Angel Park, Drum Industrial Estate, Chester-le-Street.
Angel Park is 100,000 sq ft Business Park, comprising of six office / warehouse / production units located in a landscaped setting.
Angel Park lies within Drum Industrial Estate which lies north of Chester-le-Street town centre and only 1.5 miles from Junction 63 of the A1 (M).
The surrounding area is mainly of mixed commercial use.
The exact location can be seen on the attached plan.
DESCRIPTION
The premises comprise of a self-contained modern steel portal frame warehouse with integral two storey office and mezzanine storage with secure yard.
The accommodation benefits from insulated profile cladding to walls and roof above incorporating roof lights. Vehicular access to the rear warehouse is via two automatic up and over doors.
Internally the property is split into combination of open plan and cellular offices and showroom area (which could be converted back into offices). In addition on the ground floor there is a reception area, WC and kitchen including further offices and WC facilities to the first floor.
To the rear is a secure fenced concrete yard with ample car parking and soft landscaping to the front.
ACCOMMODATION
From onsite measurements the following
areas have been calculated (GIA):
Warehouse 399.74 m²
Offices / showroom 543.30 m²
Mezzanine 131.85 m²
Offices (F/F) 65.36 m²
Total 1,140.25 m²
(12,274 sq ft)
SERVICES
It is understood that all mains services are available to the site. .
(All interested parties should satisfy themselves with the local service providers).
RATING LIABILITY
From verbal discussions with the Local Rating Authority it is understood that the premises have been assessed at RV £61,500.
TENURE
Freehold
In addition the premises may be available by way of a new Full Repairing and Insuring Lease. (Incentives are available, subject to covenant strength and lease term.)
ENERGY PERFORMANCE CERTIFICATE
Full details upon request
PRICE
Our client is seeking freehold offers in the region of £750,000 (subject to Contract).
A service charge will be payable for the maintenance and up keep of common areas. Details upon request.
COSTS
Each party will be responsible for their own legal fees involved with the preparation of the lease.
VAT
All prices quoted are exclusive of VAT at the prevailing rate.