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TO LET

Warehouse/Industrial Units with Secure Yard

Enterprise Point

Spennymoor www.enterprise-point.co.uk

Units 3B & 3C Enterprise Point, Enterprise City, Spennymoor, Co Durham, DL16 6JF

From 43,012 to

sq.ft. (4,134 sq.m.)

87,506 sq.ft. (8,130 sq.m.)

• Competitively priced warehousing / manufacturing space • Large service yard • Established distribution location in close proximity to the A1(M) • Local occupiers include TNT, Durham Police, NHS Primary Care Trust

Enterprise Point

Spennymoor www.enterprise-point.co.uk DESCRIPTION Enterprise Point is located within Enterprise City which has a wide range of business accommodation available to rent. The estate benefits from 24hr CCTV estate security, free car parking and an onsite management team.

7

16

Units 3B & 3C have been recently refurbished and provide good quality competitively priced warehousing or manufacturing space. The units can be occupied separately or being adjacent can be combined to offer a larger floor area.

A

There are over 30 tenants which cover many industrial, commercial and technological activities and include

Boots the Chemist, Durham Police, Just Sport (Group) Ltd and the NHS Primary Care Trust.

SPECIFICATION

Unit 3B

sq.ft.

sq.m.

Warehouse

39,238

3,797

Canopy

1,632

152

Office & staff amenities

3,624

337

TOTAL

44,494

4,134

sq.ft.

sq.m.

43,012

3,996

87,506

8,130

Unit 3C Warehouse Units 3B/3C

TOTAL

The units have been measured in accordance with the RICS Code of Measuring Praxctice (6th Ed) and provide the following Gross Internal Floor Areas.

7

AREAS (Approx Gross Internal)

16 A

• Large secure service yard • Concrete floors in warehouse • Roof height 25.9ft (7.9m) • Clear internal 18.4ft (5.6m) • Electric roller shutter doors 13.5ft (4.1m) x 19.0ft (5.8m) • Electric, gas and water supply available • Two storey offices with canteen and welfare facilities (Unit 3B) • Fluorescent strip lighting and electric convector heating to the offices

Warehouse/Industrial Units with Secure Yard Enterprise Point, Enterprise City, Spennymoor, Co. Durham, DL16 6JF From

43,012 sq.ft. (4,134 sq.m.) to 87,506 sq.ft. (8,130 sq.m.)

TERMS The units are offered by way of new Fully Repairing and Insuring leases for a term of years to be agreed at the following rents, exclusive of VAT and rates. Rateable Values are also presented. (Please see www.voa.gov.uk for further information). Rent PA

Rateable Value

Unit 3B

£100,000

£81,000

Unit 3C

£86,000

£83,500

Units 3B/3C Combined

£175,000

Re-assessment required

INSURANCE The Landlord will insure the premises the premiums to be recovered from the tenant. SERVICE CHARGE A service charge will be levied for the maintenance of common areas and estate security system. PLANNING The property is considered suitable for B1 (Light Industrial), B2 (General Industrial) or B8 (Warehousing) use. All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use. ENERGY PERFORMANCE The units have the following Energy Performance Asset Ratings (EMR). UNIT 3B

79

BAND D

UNIT 3C

81

BAND D

Further energy performance information is available upon request. LEGAL COSTS Each party to be responsible for the payment of their own legal costs incurred in connection with the granting of a lease.

67

OAD

HILL R

MOUNT PLEASANT

Less than 10 minutes

Spennymoor Town Centre

Less than 5 minutes

Durham City

10 minutes

Newcastle upon Tyne

30 minutes

Darlington

30 minutes

THINFORD E

LAN

8

8 A6

7

A1 (M)

THINFORD LANE

A16

EN GRE

APPROXIMATE TRAVEL TIMES

METAL BRIDGE

A688 E RIS ERP ENT WAY

DURHAMGATE is the largest mixed-use regeneration scheme in the North East of England with commercial, living and leisure opportunities. With almost 400 new homes facilities will include a convenience food store, cafés, restaurants, public house, hotel and a variety of other outlets. The national retailer Marston Inns have opened The Fox Cub, a family friendly public house, and a McDonalds, KFC and a Starbucks are in close proximity at Thinford Roundabout.

A1

YORK

LD FIE OW E AD NU ME AVE

Enterprise Point is located 6 miles south of Durham City, Newcastle is 24 miles north and Middlesbrough is 22 miles south east. The area benefits from the East Coast Main Line Rail Station at Durham City and the International Airports at both Durham Tees Valley and Newcastle.

B6288

LOCATION - DL16 6JF Enterprise Point is located on Enterprise City, part of the Green Lane Industrial Estate a 300,000 sq.ft. (27,871 sq.m.) secure and popular business location located near Spennymoor, County Durham. The estate is accessed via the A688 from Junction 61 of the A1(M) 3.5 miles to the east.

SPENNYMOOR

TYNEMOUTH SOUTH SHIELDS

NEWCASTLE GATESHEAD

VIEWING For viewing arrangements please contact:

A19

A1M

SUNDERLAND

CONSETT CHESTER-LE-STREET A691

A68 A689

DURHAM CITY A690

A167

A181

SPENNYMOOR BISHOP AUCKLAND A68

Keith Stewart [email protected]

Mark Proudlock [email protected]

MISREPRESENTATION ACT 1967 London & Cambridge Properties Limited (Company Number 02895002) the registered office of which is at LCP House, The Pensnett Estate, Kingswinford, West Midlands DY6 7NA its subsidiaries (as defined in section 736 of the Companies Act 1985) associated companies and employees (“we”) and our employed marketing agents (Naylors and Knight Frank LLP) give notice that: Whilst these particulars are believed to be correct no guarantee or warranty is given, or implied therein, nor do they form any part of a contract. [We do our best to ensure all information in this brochure is accurate. If you find any inaccurate information please let us know and where appropriate, we will correct it.] We make no representation that information is accurate and up to date or complete. We accept no liability for any loss or damage caused by inaccurate information. [This brochure gives a large amount of [statistical] information and there will inevitably be errors in it]. Intending purchasers or tenants should not rely on the particulars in this brochure as statements or representations of fact but should satisfy themselves by inspection or otherwise as to the correctness of each of them. We provide this brochure free of charge and on the basis of no liability for the information given. In no event shall we be liable to you for any direct or indirect or consequential loss, loss of profit, revenue or goodwill arising from your use of the information contained herein. All terms implied by law are excluded to the fullest extent permitted by law. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to the property. SUBJECT TO CONTRACT We recommend that legal advice is taken on all documentation before entering into a contract. You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk

A179

HARTLEPOOL

A19

A688

A689

NORTH SEA

A182

SEDGFIELD A66

A689 A177

STOCKTON-ON-TEES

DARLINGTON

Owned and managed by

Tony Spence [email protected]