Industrial to let in Newburn Bridge Road, Blaydon-On-Tyne NE21

Location

Blaydon is situated on the south bank of the River Tyne approximately 3 miles west of Newcastle City and Gateshead Town Centres.

The area benefits from excellent communication links being less than 1 mile west of the A1 and A165 which provides access to the regional and national road networks.

The subject property is situated on the popular Galaxy Business Park which is predominantly industrial in nature. The estate offers a selection of workshop / warehouse units with open storage and office accommodation.

The exact location is shown on the attached plan.

Description

The subject property comprises an industrial warehouse /workshop of concrete frame construction under a pitched asbestos sheet roof incorporating translucent panels with brickwork and glazing to the eaves.

Internally the property offers an open plan workshop with access provided via an electric roller shutter door to the rear. In addition, there is a separate adjoining amenity block and stores.

Externally there is parking / yard area.

Accommodation

From onsite measurements the premises provide the following Area (gia) :

Workshop 81.38 m2
Store 22.14 m2
WC / Welfare area 20.52 m2

total gia: 124.04 M2
(1,335 sq ft)

Plus Yard (Compound 17) of 3,520 sq ft or Thereabouts.

Services

It’s understood that all main services are on site with the exception of gas.

(It is recommended that all interested parties contact the Local service providers to ensure that the services are operational).

Business rates

It is understood the unit has been assessed as follows:

Unit 7B - rv : £4.350
Compound 17 - rv : £3,150

(All interested parties contact the Local Authority to confirm these figures).

Tenure

The premises are available to let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.

Service charge

The lease will be subject to a fair and reasonable proportion of the estates service charge for maintenance of common areas.

Full details upon request

Rent

Our client is seeking a rent of £17,500 p.a.

Incentives may be available subject covenant and lease term.

Energy performance certificate

The EPC rating is Band D (77).

Full details available upon request.

VAT

VAT will be chargeable at the prevailing rate.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Viewing

By prior appointment with Frew Pain & Partners, contact:

James E F Pain
Tel: Email:

November 2023