MID-TERRACED WAREHOUSE / TRADE COUNTER WITH CAR PARKING / YARD
TO BE REFURBISHED - SUBJECT TO SPECIFICATION
GIA : 7,100 SQ FT (659.55 M2)
CLOSE TO A693 AND JUNCTION 63 OF A1(M)
COMPETITIVE RENT / INCENTIVES AVAILABLE
UNIT 27 THIRD AVENUE, DRUM INDUSTRIAL ESTATE, BIRTLEY, TYNE AND WEAR, DH2 1AG
Drum Industrial Estate is located between Birtley and Chester-le-Street, within County Durham, just off the A693, which links up to Junction 63 of the A1(M) Chester le Street interchange.
The estate is well established, offering a wide selection of industrial property of various sizes and ages.
Local amenities and services are located a short distance away within Birtley.
The exact location is shown on the attached plan.
The property comprises a mid-terraced industrial / workshop unit with dedicated parking to the front.
Constructed of steel portal frame design with brick infill walls to elevations and asbestos sheet cladding to front elevation and roof above.
Internally the property is accessed via a single steel automatic security roller shutter offering an effective eaves height of 4.77m.
To the front and integral to the warehouse there are two small offices with WC facilities.
The landlord intends to undertake a comprehensive refurbishment program, including the following items:
New profile cladding to front elevation.
Impact barriers to front elevation.
New automatic roller shutter.
New trade counter frontage to offices.
White line car park.
From onsite measurements we understand the property has the following GIA:
TOTAL GIA 659.55M² (7,100 SQ FT)
Surfaced parking area to front for 10/12 vehicles.
We understand that all main services are connected to the building including electric, water and drainage, with the exception of gas.
Following an enquiry on the Valuation Office website we have ascertained that the Rateable Value is:
(It is recommended that all interested parties contact the Local Authority to confirm these figures.)
A new FRI lease for a term of years to be negotiated.
ENERGY PERFORMANCE CERTIFICATE
Full details upon request
Our client is looking for rental offers in the region of £28,500 pa.
Incentives may be offered subject to covenant and term.