Property photos
Let agreed
£150,000 pa
(£3.18/sq. ft. pa)
Warehouse to let
Cook Way, Peterlee SR847,128 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Shotton Primary School 0.6 miles
- Howletch Lane Primary School 0.9 miles
- Horden 2.6 miles
- Seaham 5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Warehouse and offices 47,128 ft2 (4,378 m2)
- Warehouse 45,161 ft2 (4195 m2)
- Ground floor offices 1967 ft2 (183 m2)
- Excellent eaves heigh 8.18 m
- Opposite nsk and close to Caterpillar and Encore
- Rent £3.20 ft2
Location
Northwest industrial estate is home to several national and international companies including nsk, Encore and Caterpillar. The property is located on Cook way less than 1 mile from the A19 dual carriageway providing direct access to the regional and national road networks.
Description
The property provides high bay warehouse with an eaves height of 8.18 meters having a single storey office section to the front having been re-roofed recently.
Accommodation
The property briefly comprises as follows:-
Accommodation ft2 m2
Warehouse
Total 45,161 4195.46
Offices plus WC
Total 1967 182.73
total area 47,128 4378.19
Tenure
A new Lease is available at a commencing annual rental of £150,000 for a term of years to be agreed (minimum 5 years) on an Fri basis.
VAT
The property is not elected for VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the Rateable Values are as follows
Warehouse £64,500
Ground Floor Offices £ 7,100
The Uniform Business Rate for the Rates Year 2024/2025 is 54.6p. If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref DC1151 EPC Energy Rating 79/D
Northwest industrial estate is home to several national and international companies including nsk, Encore and Caterpillar. The property is located on Cook way less than 1 mile from the A19 dual carriageway providing direct access to the regional and national road networks.
Description
The property provides high bay warehouse with an eaves height of 8.18 meters having a single storey office section to the front having been re-roofed recently.
Accommodation
The property briefly comprises as follows:-
Accommodation ft2 m2
Warehouse
Total 45,161 4195.46
Offices plus WC
Total 1967 182.73
total area 47,128 4378.19
Tenure
A new Lease is available at a commencing annual rental of £150,000 for a term of years to be agreed (minimum 5 years) on an Fri basis.
VAT
The property is not elected for VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the Rateable Values are as follows
Warehouse £64,500
Ground Floor Offices £ 7,100
The Uniform Business Rate for the Rates Year 2024/2025 is 54.6p. If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref DC1151 EPC Energy Rating 79/D
More information
Listed by
Lofthouse and Partners Ltd
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