Commercial Property To Let
Industrial
Workshop / Warehouse
Gateshead
£18,200 (Leasehold)
REF: NE2170
Location
This premises form part of the busy and popular Derwenthaugh Marina Industrial Estate which is located within a few minutes of the A1 Western Bypass, providing excellent road access from throughout the region, and beyond.
Derwenthaugh Marina is a recognised industrial location on the south bank of the River Tyne, close to the Metro Centre and Watermark office developments.
Description
Comprises one large garage which until recently operated as a longstanding marine engineering company before the previous operator retired.
The unit has a mezzanine level installed within the main space which increases the floor area significantly. Designated parking facilities are located directly outside the unit and any new tenant could get up and running fairly quickly, subject to compliance and any certification.
Accommodation
The property has been measured in accordance with the Code of Measuring Practice and reported on a Gross Internal Area basis as follows:
Ground Floor
Workshop circa 2,700 sq.ft. (249 sq.m.)
Mezzanine circa 1,500 sq.ft. (150 sq.m.)
Kitchen
Ladies & Gents W.C.
External
Designated Parking 6 spaces.
EPC
Rating E.
Business Rates
The premises are listed on the VOA as;
Rateable Value £12,750
Incentives available subject to status.
Terms
The unit is available fully fitted and equipped on a new FRI lease for a term to be agreed. The commencing rent is £350 per week plus VAT (£18,200 per annum plus VAT) together with a contribution to the service charge.
Legal Costs
The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
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