NORTH EAST COMMERCIAL AGENTS & PROPERTY CONSULTANTS
CALL: 0191 229 9517 EMAIL: james.pain@frewpain.co.uk
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COMMERCIAL INVESTMENT OPPORTUNITY WITHIN ESTABLISHED ESTATE
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TOTAL GIA AREA: 7,392 M2 (79,754 SQ FT)
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TOTAL SITE AREA: 2.3 HA (5.75 ACRES) OR THEREABOUTS
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TOTAL GROSS INCOME £126,781 PA. FROM THREE TENANTS
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ADDITIONAL LAND FOR STORAGE / DEVELOPMENT
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FURTHER INCOME FROM VACANT UNIT B (14,800 SQ FT)
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FREEHOLD OFFERS IN THE REGION £1,500,000 (SUBJECT TO CONTRACT)
ENNERDALE BUSINESS PARK, ENNERDALE ROAD/CONISTON ROAD, BLYTH, NE24 4RT
LOCATION
The subject property is located on Ennerdale Road / Coniston Road, Blyth Industrial Estate, Blyth, Northumberland. Ennerdale Business Park, is approximately 2 miles west of Blyth town centre. This location has excellent communication links with the A189 (Spine Road), a short distance away, which in turn leads to the A19 offering movement both North and South. The surrounding area is principally commercial with both residential and retail close by. Local occupiers include Drager Safety and UK, Burberry, Baric Systems and ITV.
The exact location can be seen on the attached plan.
DESCRIPTION
The property comprises of a multi let industrial investment set within a secure fenced yard, with additional development land. Constructed is of steel portal frame design. The property benefits from brick/block and part profile clad elevations with insulated cladding to roof over, incorporating roof lights.
Each unit offers independent vehicular access via automatic roller shutters with office and WC facilities. The site offers three secure gated access points allowing individual access and egress onto the main estates road. To the rear of the site, there is additional land amounting to circa 0.6 ha (1.58 acres) which could be suitable for additional yard, open storage or a new industrial scheme (please note our client is currently pursuing outline planning for a small workshop scheme – full details & plans upon request).
ACCOMMODATION
From onsite measurements we have calculated the following areas (GIA):
Unit A 928m²
Unit B 1,375m²
Unit C 3,318m²
Unit D 792m²
Unit E 979m²
Total GIA 7,392m²
(79,574 sq ft)
Total Site Area 2.3 ha(5.75 Acres) or thereabouts.
SERVICES
We understand that all mains services are located to the property, including mains electric, gas, water and drainage. (All parties must make contact with the main service providers).
TENURE
Freehold title with the benefit of the following legal agreements. Full copies of legal title can be provide upon request
TENANCY AGREEMENT
Various legal agreements are contained with the subject premises: (Copies of existing agreements can be provided to interested parties.)