The subject property is located on Atley Business Park, North Nelson Industrial Estate, Cramlington.
The Estate is well situated only 9 miles from Newcastle City Centre and circa 3 miles from the A19 / A1 intersection.
Surrounding occupiers consist of mainly commercial uses.
The exact location is shown on the attached plan. Description
The property comprises of a standalone self-contained modern industrial workshop and office accommodation.
Internally the property has been converted into mainly offices with a small workshop / warehouse.
With minor modification the offices could be removed to provide more warehouse space.
A small mezzanine store is also located above the office area.
Externally, allocated car parking space are demised to this accommodation.
Vehicular access is via an automatic roller shutter to the workshop providing concrete floors and strip lighting.
The office accommodation is fitted out to good standard providing suspended ceiling, with surface mounted cat II lighting, carpeted floors and painted walls. This accommodation is complimented with WC and kitchen facilities. A mezzanine floor is located above the office area with access via a timber staircase from the workshop. Accommodation
From onsite measurements the premises have the following gia Areas:
Workshop/Warehouse 27.07m² Office (inc WC and Kitchen) 92.93m2
total gia: 120M² (1,297 sq ft)
(Inc rear mezzanine storage of circa 283 sq ft) Services
The property benefits from all mains services.
It is recommended that all interested parties contact the Local service provides to ensure that the services are operational. Service charge
A nominal service charge is payable for the upkeep and maintenance of common parts. Business rates
We understand from informal discussions with the Local Rating Authority that the premises are assessed at rv £7,800.
It is recommended that all interested parties contact the Local Authority to confirm these figures Tenure
The site and premises are held on a long leasehold basis for a term of 125 years effective from 1 May 2007. Price / premium
Our client is seeking a sale price of £110,000 (Subject to contract), for the long leasehold interest. Energy performance certificate
An EPC can be provided upon request. VAT
VAT will be chargeable at the prevailing rate. Legal costs
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction. Viewing
By prior appointment with Frew Pain & Partners, contact:
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