Light industrial to let in Units 1-4 Bessemer Court, Hownsgill Industrial Estate, Consett DH8

•New Industrial units

•Gross Internal Area from 94.50 sq m (1017 sq ft)

•Complete May 2024

•Rents from £9,500 per annum plus VAT

Location
Consett is a popular market town located approximately 12 miles south-west of Newcastle upon Tyne and 11 miles north-west of Durham.

The town has seen a significant amount of residential and commercial development over recent years. Outline planning consent has been granted for the construction of a new hospital and other commercial and residential developments.

The property is situated on Hownsgill Industrial Estate, which is part of a 700 acre mixed use site. Other occupiers nearby include jt Doves, Go North East Bus Depot, and Absolute Civil Engineering.

Description
The properties are currently under construction and will comprise a terrace of steel portal frame buildings under a mono-pitched roof with composite wall and roof panels and blockwork internally up to 900 mm high.

Glazed panels to the front elevation will allow natural light into the building, with the windows, doors and rainwater goods benefitting from a powder coated finish. Internally, the space will include an accessible w.c. And the building will also benefit from an electronically operated loading door.

The property has planning consent for light industrial use.

The units will benefit from solar panels on the roof with energy being supplied to the tenant by way of a Power Purchase Agreement. Further details available on request.

Accommodation
The properties will have a gross internal area as follows:

Unit 1120.77 sq m(1300 sq ft)
Unit 294.50 sq m(1017 sq ft)
Unit 395.85 sq m(1032 sq ft)
Unit 4122.50 sq m(1319 sq ft)

services
We understand that mains gas, three phase electricity, water and drainage will be connected to the property.

The property will also benefit from 24/7 CCTV monitoring and maintenance of the common areas of the estate, for which a service charge will be recovered from the tenant.

Terms
The properties are available to let on a full repairing and insuring basis for a term of years to be agreed.

The units are available to let at the following rents:

Unit 1£11,500 per annum
Unit 2£9,500 per annum
Unit 3£9,500 per annum
Unit 4£11,500 per annum

All figures quoted above are exclusive of VAT where chargeable.

Outgoings
The property will be assessed for business rates purposes on completion of construction. It is anticipated that tenants may benefit from Small Business Rates Relief.

Service charge
There is a service charge to cover the maintenance of the common parts of the estate and CCTV. VAT is payable on the rent, insurance and service charge.

Other
The properties will be assessed for their EPC Rating on completion of the development.

Viewing
Strictly by appointment with sole agents, YoungsRPS.