Property photos
£16,000 pa
(£10.20/sq. ft. pa)
Industrial to let
Unit I, Spey House, Mandale Park, Belmont Industrial Estate, Durham DH11,568 sq. ft
Local area information
Property location
Nearby amenities
- Belmont Community School 0.5 miles
- Belmont CofE (Controlled) Primary School 0.5 miles
- Durham 2 miles
- Chester-le-Street 4.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Ground Floor Warehouse: 76.92 sq m (828 sq ft)
- Fitted First Floor Offices: 68.75 sq m (740 sq ft)
- Well Positioned on Durham's Most Established Industrial Estate / Business Park
- Strategically Located close to Junction 62 of the A1(M)
- Electric Roller Shutter Door & Glazed Personnel Entrance
- Small Business Rate Relief Available*
Description
Spey House comprises an estate of eleven two-storey units of traditional brick and block construction, featuring a glazed entrance facade, surmounted by a pitched, tiled roof.
Internally, the unit is divided over two levels; the ground floor providing warehouse / workshop accommodation, with a concrete slab floor and access via a 3.4m high electric roller shutter door to the front elevation.
The first floor is fitted to an office specification but could be repurposed by ingoing Tenants if required.
The units were designed with occupier affordability in mind, currently falling below the minimum rates threshold. Heating and lighting are provided by LED fittings and electric panel radiators throughout, resulting in excellent EPC ratings and low running costs.
Each unit includes accessible WC and kitchen facilities.
Location
Situated on the outskirts of Durham City, Mandale Park is part of the larger Belmont Industrial Estate and boasts an excellent location less than one mile from Junction 62 of the A1(M) via the A690. The estate is conveniently positioned 15 miles south of Newcastle upon Tyne and 9 miles southwest of Sunderland. Additionally, a 'Park & Ride' car park is available nearby on the A690.
The estate is strategically placed for easy access to the region's major airports in Newcastle and Durham Tees Valley, as well as the east coast's rail line station at Durham, which provides regular services to London Kings Cross.
Surrounding occupiers include Vertu Motors (bmw/Mini), Pulman Skoda, dpd, Howdens, Rexel, sas Autoparts, Durham University, Clive Owen llp, and the Durham & Darlington Fire Service (HQ).
Terms
Available by way of an new effectively full repairing and insuring lease with 5 yearly upward only rent reviews.
Business Rates
Rateable Value : £9,200 (Effective 1st April 2023)
Estimated Rates Payable (24/25) : £0
*Our estimates are calculated by applying the appropriate Business Rate Multiplier to the rv and adjusting for Small Business Rate Relief, in cases where the rv indicates that it may be available.
It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to us on this basis and where silent, offers will be deemed net of VAT.
Anti-Money Laundering Regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
Spey House comprises an estate of eleven two-storey units of traditional brick and block construction, featuring a glazed entrance facade, surmounted by a pitched, tiled roof.
Internally, the unit is divided over two levels; the ground floor providing warehouse / workshop accommodation, with a concrete slab floor and access via a 3.4m high electric roller shutter door to the front elevation.
The first floor is fitted to an office specification but could be repurposed by ingoing Tenants if required.
The units were designed with occupier affordability in mind, currently falling below the minimum rates threshold. Heating and lighting are provided by LED fittings and electric panel radiators throughout, resulting in excellent EPC ratings and low running costs.
Each unit includes accessible WC and kitchen facilities.
Location
Situated on the outskirts of Durham City, Mandale Park is part of the larger Belmont Industrial Estate and boasts an excellent location less than one mile from Junction 62 of the A1(M) via the A690. The estate is conveniently positioned 15 miles south of Newcastle upon Tyne and 9 miles southwest of Sunderland. Additionally, a 'Park & Ride' car park is available nearby on the A690.
The estate is strategically placed for easy access to the region's major airports in Newcastle and Durham Tees Valley, as well as the east coast's rail line station at Durham, which provides regular services to London Kings Cross.
Surrounding occupiers include Vertu Motors (bmw/Mini), Pulman Skoda, dpd, Howdens, Rexel, sas Autoparts, Durham University, Clive Owen llp, and the Durham & Darlington Fire Service (HQ).
Terms
Available by way of an new effectively full repairing and insuring lease with 5 yearly upward only rent reviews.
Business Rates
Rateable Value : £9,200 (Effective 1st April 2023)
Estimated Rates Payable (24/25) : £0
*Our estimates are calculated by applying the appropriate Business Rate Multiplier to the rv and adjusting for Small Business Rate Relief, in cases where the rv indicates that it may be available.
It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to us on this basis and where silent, offers will be deemed net of VAT.
Anti-Money Laundering Regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
More information
Listed by
Graham S Hall Chartered Surveyors
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