FOR SALE - Invest North East England

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TO LET/FOR SALE Modern Production/Office Unit with Expansion Land

Mailing House Nelson Way Cramlington NE23 1JY

Retail Development Industrial Investment Office T 0191 232 7030

Location Cramlington is a former new town located 8 miles north of Newcastle upon Tyne and is the industrial focal point of Northumberland. The industrial sector of Cramlington is located approximately 1 mile to the northwest of the town centre and benefits from modern infrastructure and excellent communications. The A1 and A19 motorways are within 1 mile of the industrial zone giving access to the regional and national motorway network. The premises are located in an established position on Nelson Industrial Estate fronting onto Nelson Drive and accessed off Nelson Way, one of the main thoroughfares through the prime industrial zone. Occupiers in the area include Daikin, Moody Logistics, Coveris, NHS, Avery Dennison and Miller UK. Amenities in the immediate vicinity include Manor Walks Shopping Centre, Concordia Leisure Centre, Cramlington Railway Station, Holiday Inn and Premier Lodge Hotels.

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Hadrian House, Higham Place, Newcastle upon Tyne, NE1 8AF E [email protected]

Description

Rating Assessment

The property comprises a modern detached industrial /warehouse with two story offices to the front of steel frame construction with brick/block walls to dado level with insulated profile sheet cladding above. The roof is pitched with insulated profile sheeting with intermittent roof lights.

The Valuation Office Agency website describes the premises as ‘Factory and Premises’.

The specification includes:  4m eaves rising to 7.5m to the ridge.  2 no. power operated loading doors to the either end of the property 3.5 m wide by 4.5 m high with a dock level loading door 3.3m wide by 3.5m high.  High bay factory lighting.  Gas fired space heating.  Offices over two floors to include open plan and cellular style with double glazed windows, partial air conditioning, gas central heating, suspended ceilings with category 2 lighting, data trunking with tiles, carpets and lino flooring.  Service Lift  WC’s and canteen area.  Approximately 90 car parking spaces.  Yard and loading area to the side.  Approximately 2 acres of expansion land to the north elevation.  Total site approximately 5 acres.

Accommodation The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and provides the following areas: Ground Floor Offices First Floor Offices/Assembly/ Mezzanine Warehouse/Production/Distribution Total (GIA)

m2 1,020 1,301.70

ft2 10,979 14,011

2,353.50 4,674.20

25,332 50,322

Terms The property is available on a new lease for a term of years to be agreed with the tenant responsible for all repairs and property insurance.

Rent £155,000 per annum exclusive.

Price £1,750,000 exclusive.

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Rateable Value (2017): £154,000

VAT All figures quoted are exclusive of VAT where chargeable.

Services All main services are connected to the property. Interested parties are advised to make their own enquiries.

EPC The property has an EPC rating of D77.

Further Information For general enquiries and viewing arrangements please contact Keith Stewart, Chris Donabie or Duncan Christie on 0191 232 7030 or email: [email protected], [email protected], [email protected].

Alternatively contact Arch’s Commercial Team on [email protected] or 01670 528 460. 19 07 17 KS A-A128(09)

NAYLORS CHARTERED SURVEYORS for themselves and for the vendors and lessors of the property give notice that: (i) these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of any offer or contract. (ii) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but without responsibility on the part of Naylors or their clients. Any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person, either principal or employee, at NAYLORS CHARTERED SURVEYORS has any authority to make or give any representation or warranty in relation to this property. (iv) Any reference to plant, machinery, equipment, services, fixtures or fittings shall not imply that such items are fit for their purpose or in working order

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