Detached Unit with Secure Yard Unit 5 Queensway, Team Valley

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To Let – Detached Unit with Secure Yard Unit 5 Queensway, Team Valley, Gateshead, NE11 0NY •

Modern unit located on one of the North East’s premier business parks



Within close proximity of Maingate which boasts cafes, shops, hotel & gym



Excellent access to A1 and within 5 miles of Newcastle City Centre



Total Size: 2,689.2 m² (28,946 sq ft) including offices and staff amenities



To Let on new lease



Rent: £180,900 per annum (exc VAT)

+44 (0)191 221 2211 St Ann's Quay, 124 Quayside, Newcastle upon Tyne, NE1 3BD

Situation

Production / Warehouse

Team Valley Estate is generally regarded as the premier estate in the region boasting over 700 businesses employing over 20,000 people.



Reinforced concrete floor



Internal height of 5.85 m (8.4 m at apex)



2 no electrically operated loading doors (5 m high X 4 m wide)

It offers a wide range of amenities, including hotels, restaurants and cafes as well as a retail park, shops and financial services. Access to the region’s main arterial routes is unrivalled with the estate bounded on the west by the A1. Newcastle City Centre is located circa 5 miles to the north. Unit 5 is situated towards the northern end of Queensway, one of the main arterial routes running the length of Team Valley thus benefiting from proximity to Maingate, the northern gateway to Team Valley from the A1 which provides a range of services including a retail area, cafes, hotel and gymnasium.



High bay factory lighting



4 no gas fired space heaters



Secure fenced yard and loading area

Accommodation The property has been measured in accordance with the RICS Code of Measuring th Practice (6 Ed) and the approximate Gross Internal floor areas recorded as follows: 2

Warehouse Ground floor offices & amenities First floor offices & amenities Total

M 2,356.9 187.0 145.3 2,689.2

Sq ft 25,348 2,012 1,564 28,946

Description

Rateable Value

The property is a detached unit of steel portal frame construction with brick / blockwall to dado height and insulated profile steel cladding to eaves. The roof is of insulated steel sheeting incorporating rooflights.

According to the Valuation Office Agency website (www.voa.gov.uk) the property has a 2017 draft Rateable Value of £143,000.

The property benefits from the following features: Office Accommodation •

High quality 2 storey office accommodation



Attractive reception area



WCs and canteen area



Double glazed windows



Carpeting throughout



Gas central heating



Category 2 lighting and data trunking



Approximately 40 car parking spaces

Energy Performance The property has an Energy Performance Asset Rating C (68). Further information is available on request.

Terms The unit is offered to let on a new fully repairing and insuring lease for a term of years to be agreed at a rent of £180,900 per annum.

VAT All rents and service charges are quoted exclusive of VAT.

Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.

Viewing Please contact this office for a convenient appointment to view the premises. Mark Proudlock [email protected] Simon Haggie [email protected] Knight Frank is a supporter of the leasing code (www.leasingbusinesspremises.co.uk) Marketing particulars: March 2017 Images: June 2015

Unit 5 Queensway, Team Valley, Gateshead NE11 0NY

Unit 5 Queensway

A1

Ordnance Survey © Crown Copyright 2017. All rights reserved. Licence number 100022432. Plotted Scale - 1:20000

This plan is published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.

Unit 5 Queensway, Team Valley, Gateshead, NE11 0NY

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RTH NO AY SW EEN QU

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El Sub Sta

160 a to d

161 a to d

TEAM VALLEY

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10m

20m

A RD THI

30m

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Ordnance Survey © Crown Copyright 2017. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250

This plan is published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.