Light industrial to let in Littleburn Industrial Estate, Durham DH7

Location

The subject property is located within Littleburn Industrial Estate. The industrial estate is located on the A690, which passes through Durham City to the North and provides a connection to the A1(M), which is a 15-minute drive away. The A167 is also only 2.1 miles away, which provides a connection to Chester le Street in the north as well as Newton Aycliffe and Darlington in the south.

Description

The subject property comprises of several brick-built units with corrugated roofs. They have an eave’s height of 5.19m rising to 6.28m at the apex. Each unit contains a w/c and have an electric roller shutter. Security measures on site consist of CCTV and an electric gate at the entrance. There is parking on site.

Accommodation

We calculate the approximate net/gross internal floor areas to be as follows:

Unit 16 81.54 m² 878 ft²
Unit 17 81.54m² 878 ft²

EPC rating

Unit 16 – C66
Unit 17 – C66

Rating assessment

The rateable value of the premises as at 1 April 2023 is £3,000 and the estimated rates payable for the current year is £1,497. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

Terms

The property is available by way of a new lease with terms to be agreed at £9,000 (Nine Thousand Pounds) per annum. There is a service charge of 54p per sq ft.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

Each party is to bear their own legal costs involved in the transaction.

Anti-money laundering regulations

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.