Commercial property for sale in Dukesway Court, Team Valley Trading Estate, Gateshead NE11
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Property description
Key Points
Description
The property comprises a semi-detached industrial warehouse of steel portal frame construction. The walls and roof are profile metal clad with the roof also incorporating translucent roof panels.
Internally the property provides warehouse accommodation with amenity space comprising of offices, staff room, mezzanine storage, kitchen and WC facilities. The warehouse accommodation is accessed via a sectional ‘up & over’ door access to a height of 4.64m, has solid concrete flooring, lighting provided by fluorescent strips and a Thermatic Air Blower heater. The minimum eaves are 5.5m. The office accommodation is heated by way of wall mounted radiators served by a gas combi boiler and there is mezzanine storage space located above the offices. In addition, there is car parking to the front of the unit.
Location
The subject property is located within the town of Gateshead, on the Team Valley Trading Estate, forming part of Tyne & Wear, which has a resident population of 115,300 (Source: 2021 Census). The town is predominately accessed via the A184, which in turn connects with the A1(M) Western Bypass to the west and the A19 to the east, providing access to both national and regional road networks.
353B Dukesway Court is situated upon the Team Valley Trading Estate, which is widely regarded and recognised as the North East’s premier industrial location. The estate provides a mixture of industrial and office accommodation, with a retail park also adjacent. The property is situated on western side of Dukesway, a key arterial route through the estate providing direct access to Team Valley Retail Park. Notable occupiers in the immediate vicinity include Rubix, nhs Ambulance Service, Yodel and Toolbank.
Terms
We are instructed to seek offers in the region of £525,000. A purchase at this level will reflect a Net Initial Yield of 7.39% after allowance of purchaser’s costs of 4.80%.
Availability_Text
The accommodation comprises the following areas:
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Sanderson Weatherall, NE1 on +44 191 686 1494 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sanderson Weatherall, and do not constitute property particulars. Please contact Sanderson Weatherall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.