NORTH EAST COMMERCIAL AGENTS & PROPERTY CONSULTANTS
CALL: 0191 229 9517 EMAIL: james.pain@frewpain.co.uk

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FABRICATION SHOP / FACTORY WITH TWO STOREY OFFICES SET WITHIN SECURE ESTATE
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ESTABLISHED LOCATION WITH EXCELLENT ROAD NETWORKS
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GIA : 2,704.50 M² (29,111 SQ FT)
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6 TONNE CRANEAGE OPERATING THE FULL LENGTH OF THE BUILDING
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COMPETITIVE RENT
UNIT 1 – 5, BAILEY HOUSE, STARGATE INDUSTRIAL ESTATE, RYTON, TYNE & WEAR, NE40 3EE
LOCATION
The subject premises are located on Stargate Industrial Estate, Ryton. Stargate Industrial Estate is located west of Stargate Lane which in turn links directly with the A695 trunk road a short distance to the south. Occupiers close by include MKW Engineering Ltd, Debmat and Jewson Builders' Merchants.
Ryton is a suburb located circa 6 miles west of both Gateshead town and Newcastle-upon-Tyne city centre. The surrounding area comprises a mixture of industrial and residential property and is conveniently accessed via the A695 trunk road which provides rapid access to the A1 (east) and the A68 (west).
DESCRIPTION
The unit is constructed of portal steel frame design with a combination of brick infill walls / glazed perimeter windows and profile insulated cladding to all elevations and roof above incorporating roof lights. Vehicular access to the unit is via three full height automatic steel security roller shutters with internal lighting by high bay sodium units. The loading bay is at ground level offering an eaves height of 6.57m with the main production area offering 5.3m eaves. To the front of the production area is an integral two storey brick built offices which are fitted to a basic standard offering open/cellular accommodation and WC/welfare facilities
ACCOMMODATION
From onsite measurements the following
areas have been calculated (GIA):
Production (Front bay) 146.45 m²
Production (Main bay) 1,771.26 m²
Ground Floor Offices 392.82 m²
First floor offices 393.97 m²
Total 2,704.50 m² (29,111 sq ft)
SERVICES
We understand that all mains services are connected.
(All interested parties should satisfy themselves with the local service providers).
In addition the property benefits from a full length travelling 6 tonne crane
RATING LIABILITY
From verbal discussions with the Local Rating Authority it is understood that the premises have been assessed at RV £36,000.
TENURE
The premises are available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.
Alternatively the long leasehold interest is available.
ENERGY PERFORMANCE CERTIFICATE
Full details upon request
RENT
Our client is seeking a rent in the region of £65,000 pa.
PRICE
Our client is seeking offers in the region of £585,000 (Subject to Contract) for their long leasehold interest.
COSTS
The ingoing tenant will be responsible for the landlords reasonable legal fees involved with the preparation of the lease.
VAT
All prices quoted are exclusive of VAT at the prevailing rate.
ALL ENQUIRIES
