NORTH EAST COMMERCIAL AGENTS & PROPERTY CONSULTANTS
CALL: 0191 229 9517 EMAIL: james.pain@frewpain.co.uk
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OPEN STORAGE / DEVELOPMENT SITE
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TOTAL SITE AREA: 0.159 HECTARES (0.39 ACRES) OR THEREABOUTS
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SUITABLE FOR A VARIETY OF USES (SUBJECT TO PLANNING PERMISSIONS)
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NEW FRI LEASE AT £12,000 P.A.(EXC)
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INCENTIVES AVAILABLE SUBJECT TO LEASE TERM AND COVENANT
PRINCE CONSORT ROAD INDUSTRIAL ESTATE, PRINCE CONSORT ROAD, HEBBURN, TYNE & WEAR, NE31 1EH
LOCATION
The site is situated within the Prince Consort Industrial Estate, which is approximately 0.5 miles north of Hebburn, 5.5 miles south east of Newcastle upon Tyne City Centre and approximately 3 miles from the Tyne Tunnel.
DESCRIPTION
The site is broadly level, being enclosed by a mixture of palisade and steel perimeter fencing and is adjacent to industrial premises either side and residential dwellings to the rear. Access to the site is via an adopted highway, with gated access.
SITE AREA
The site has a total area of 0.159 hectares (0.39 acres), or thereabouts.
SERVICES
We understand that all mains services are connected to the boundary of the site.
(All interested parties should satisfy themselves with the local service providers).
RATING LIABILITY
This site is not assessed for business rates.
TENURE
Freehold / Leasehold
PRICE
Upon application
RENT
Our client is seeking rental offers in the region of £12,000 per annum, on a new Full Repairing and Insuring lease (contracted out of the Landlord & Tenant Act 1954) for a term of years to be agreed.
COSTS
Each party will be responsible for their own legal fees.
VAT
All prices quoted are exclusive of VAT at the prevailing rate.