FORMER CAR SALES / VEHICLE HIRE FACILITY
HIGH VISIBILITY SITE WITH EXCELLENT FRONTAGE ONTO BUSY ROAD.
GIA - 705.30 M² (7,592 SQ FT).
TOTAL SITE AREA 0.33 HECTARES (0.81 ACRE) OR THEREABOUTS
RENT FROM £50,000 PER ANNUM
141 LOBLEY HILL ROAD, GATESHEAD, NE11 0AJ
The site and premises are located on Lobley Hill Road which lies a short distance away from the A1 Western Bypass and the well established Team Valley Trading Estate. This location benefits from a high level of passing traffic and excellent communication links to the A1 which lies several minutes’ drive. The surrounding area is of mixed use, offering residential commercial and retail activity. All local amenities and services are situated a short distance away in Gateshead Town Centre.
The subject premises comprise of self-contained car sales / workshop facility with internal two storey integral office accommodation. Externally there is a large forecourt sales area with secure rear storage yard area. The building has planning permission to convert into a showroom (full details upon request). The premises are constructed of a concrete portal frame with brickwork elevations and insulated profile clad roof over. Vehicular access to the workshop is via two automatic roller shutter doors. The integral two storey office accommodation offers a ‘service check-in’ desk reception, various cellular offices and WC facilities along with kitchen and stores. Formerly a car sales and vehicle hire operation there is excellent main road frontage and tarmacadam forecourt sales area.
From onsite measurements the following
areas have been calculated (GIA):
Workshop 504.50 m²
Office (ground & first) 200.80 m²
Total GIA: 705.30 m² (7,592 sq ft)
Total Site Area: 0.33 ha (0.81 acre) or thereabouts.
It is understood that all mains services are available to the site with the exception of mains gas
(All interested parties should satisfy themselves with the local service providers).
From verbal discussions with the Local Rating Authority it is understood that the premises have been assessed at RV £19,000
The premises are 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
Our client is seeking offers in the region of £50,000 pa.
The ingoing tenant will be responsible for the landlords legal fees involved with the preparation of the lease.
All prices quoted are exclusive of VAT at the prevailing rate.