Industrial to let in Hepworth Road, Sunderland SR5

Location
North Hylton Enterprise Park was developed in 2006 and runs parallel with Wessington Way (A1231) providing direct access to the A19 and in turn the A1M. The estate also has excellent access to Sunderland city centre from both the northern and southern sides of the city via the Northern Spire Bridge which is within very close proximity. Occupiers on the estate include Speedy Hire, and pdsa amongst others.

Description
The property has been fitted out to a good standard with reception and offices to one side having mezzanine storage and offices above, The factory space is accessed via an industrial door and the unit benefits from the following

• Air-conditioning
• Allocated parking to front.
• Minimum 5m eaves height
• Maximum 6.5m eaves height
• Door width 2.87m
• Door height 3.96 m
• 3 phase electricity

Accommodation
The property briefly comprises as follows: -
ft2 m2

Ground floor

Warehouse/Offices gia 2323 215.81

First floor

Stores 1001 92.99

total 3324 308.80

External

Allocated and visitor parking to front.

Tenure
A new Lease is available at a commencing annual rental of £19,500 for a term of years to be agreed (minimum 3 years) on a tenant Fri basis subject to 3 yearly Rent Reviews and subject to estate service charge which we are advised is £117.45 per quarter. For the current service charge year.

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
The property is elected for VAT and therefore the rent is subject to VAT at the prevailing rate.

Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £18,750. 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 C4233 EPC Energy Rating 69/C

Agents Note
Please note applicates will required to state their intended use of the property prior to viewing as certain uses will not be considered particularly motor trade uses and those generating high levels of traffic.