Industrial for sale in Impress Investment Portfolio, Ryton Industrial Estate, Newburn Bridge Road, Blaydon-On-Tyne NE21

Key Points

Net initial yield 9.5%

Passing rent £156,565

WAULT of 5.47

Well established industrial locations

Office accommodation

Well connected to major transport links

Description

Impress factory

The property comprises a detached industrial unit that has been extended in a series of phases together with a single storey office and welfare block. The offices have painted and plastered walls and a suspended ceiling with lighting provided by recessed fluorescent strip lights. WC facilities are located within the office block. The original factory accommodation is provided in two bays arranged on a solid concrete floor with heating provided by a gas fired warm air blower system. Within the factory is a single storey staff room. To the side elevation is a more modern extension comprising a high bay warehouse of steel portal frame construction with profile metal sheet elevations and roof.

Stella house

The property comprises an industrial unit, extended in a series of phases with a two storey office and welfare block. The office and welfare block is situated to the front of the property and is of brick construction beneath a flat roof. The industrial unit is of steel portal frame construction with brick
and profile metal sheet elevations beneath a pitched roof with a profile asbestos sheet covering. The windows to the front elevation are uPVC framed and double glazed. Male, female and disabled access WC’s are located within the reception. The factory/workshop accommodation is arranged on a solid concrete floor with lighting provided by fluorescent strip lights. There is a roller shutter door to the front of the property together with a further roller shutter to the rear. The unit also benefits from a 5 ton crane. There is a separate car park serving the office building with 12 designated spaces.

Nepc factory

The property comprises a semi-detached industrial unit of steel frame construction with brick elevations beneath a flat metal decked roof. To the front of the building is a single storey office beneath a flat mineral felt covered roof with uPVC double glazed windows. Internally the offices are arranged on a solid concrete floor with a tiled covering with painted plaster and fair faced brick walls and a suspended ceiling with lighting provided by recessed fluorescent strip lights. WC facilities are located within the office block. The factory/workshop accommodation is arranged on a solid concrete floor with lighting provided by fluorescent strip lights. There is a roller shutter door to the front of the property together with a further roller shutter to the rear.

Location

The properties are situated at Crowther Industrial Estate and Ryton Industrial Estate. The site is directly connected to Newcastle upon Tyne which has a population of approximately 309,000 people and is the regional capital of the North East, lying on the north bank of the River Tyne. It is situated approximately 19 miles north of Durham, 104 miles south of Edinburgh and 98 miles north of Leeds. The A1 provides the main access to the city.

Blaydon lies approximately 6 miles to the west of Newcastle upon Tyne. The Impress Factory and Stella House forms part of Ryton Industrial Estate that lies immediately to the east of Ryton. The estate is accessed from Newburn Bridge Road that links with the A695, the A1 Western Bypass and Blaydon Town Centre a short distance to the east.

Washington lies approximately 6 miles to the south of Newcastle upon Tyne. The nepc Factory forms part of the Crowther Industrial Estate which benefits from excellent road communication links being situated at the junction of the A1231 and the A194 (M)/A1(M). Harvey Close links directly with Crowther Road that is the main thoroughfare through the estate.

Availability_Text

The accommodation comprises the following areas: