Warehouse to let in Lambs Cottage Unit, Rennys Lane, Durham DH1

Location
The property is located on Dragonville Industrial Estate having prominent frontage to the new Rennys Lane to Damson Way link road within an established industrial/trade counter and retail park approximately 3 miles to the west of Durham city. Nearby occupiers include Toolstation, Magnet and mkm together with the main car retailers.
Description
Comprising detached industrial warehouse unit with 2 loading doors to the front elevation on a secure fenced site with partial offices on ground and first floors. To the front of the unit is a surfaced parking/loading area and to the side is a roughly made car parking area. The warehouse benefits from the following
• 2 loading doors 3.66m width x 3m height
• Minimum eaves height 5.41 m
• Maximum eaves height 7.49 m

Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Factory/Offices gia 6183 574.40

First Floor
Offices 2015 187.19

Externally
Total Site Area (excl. Phone mast) approx. 0.48 acres. Loading/parking to front. Secure parking to side approx. 0.18 acres.

Tenure
A new Lease is available at a commencing annual rental of £37,500 for a term of years to be agreed (maximum 3 years) on an effective Fri basis. The lease will exclude the provisions of the Landlord and tenant Act 1954 (see agents note 1)
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
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• VAT
Figures quoted exclude VAT where chargeable.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £21,000. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref DC1143 EPC Energy Rating 88/D

Agents Notes
1. Our client may consider a refurbishment of the unit subject to agreement of improved rental terms on a lease inside the Landlord and Tenant act for a longer term subject to covenant status. Further details on request.
2. The title plan shows the site boundaries edged red under title number DU66264. The area edged blue shows a telephone mast which is excluded from the demise and periodic access will be required across the site for maintenance purposes.