Industrial to let in Hedley Way, North Seaton Industrial Estate, Ashington NE63

Location

The premises are located on Hedley Way, North Seaton Industrial Estate, Ashington.

The Estate benefits from excellent communication links, being situated near the A189 (Spine Road), which is accessed via the B1344 (Newbiggin Lane).

The surrounding area offers a mix of commercial, trade, retail, leisure and residential uses.

The location of the site fronting onto Newbiggin lane, gives the benefit of high visibility with passing traffic.

The exact location is shown on the attached location plan.

Description

Hedley Trade Park provides a selection of a new refurbished trade counter industrial units within a secure yard.

The units will be fitted out to a bare shell specification, offering glazed pedestrian trade counter access with canopy over, single sectional vehicular access door and WC facilities.

Additional fit out can be provided upon request and specification.

Ample dedicated car parking is available on site.

The site is secure with gated access to the rear with a combination of fenced and open boundaries.

Accommodation

The accommodation provides the following approximate Gross Internal Areas:-

Unit 5: 456.99m2 (4,919 sq ft)

Services

It is understood that the accommodation benefits from mains electric, water and drainage, with the exclusion of gas.

Business rates

It is understood that the units will need to be reassessed upon occupation once refurbished / completed.

(All parties should direct enquires to the Local Authority).

Tenure

Our client is seeking new Full Repairing and Insuring leases, subject to a minimum period of 5 years.

Rent deposit

The landlord may request a 3 month rental deposit to be held for the duration of the lease, subject to covenant strength.

Rent

Our client is seeking a market rent of £32,500 pa exc.

Incentives are available to suitable tenants, subject to term and financial status.

Service charge

A small nominal service charge will be payable for the maintenance and upkeep of common areas.

Energy performance certificate

C-56.

(see below).

Legal costs

The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.

VAT

All figures quoted in these terms are exclusive of VAT where chargeable.

Viewing

By prior appointment with agents Frew Pain & Partners, contact:

James E F Pain
Tel: Email:

Or via joint agents

Knight Frank
Simon Haggie
Tel: Email:

January 2023