Newcastle Upon Tyne, NE5

Location

The subject property is located at Mayfair House, Redburn Industrial Estate, Westerhope, Newcastle upon Tyne. Mayfair House offers a secure well managed industrial park, consisting of a wide selection of commercial and trade operators within a secure estate. Local amenities and facilities are located at Westerhope High Street, with A1 (M) being several minutes' drive away, providing good communication links. The exact location is shown on the attached plan for identification purposes.

Description

The mid terrace unit is of steel portal frame design with brick work walls to eaves and insulated cladding to roof above. Internally the warehouse has an effective eaves height of 4m, sodium lighting and concrete floors throughout. Vehicular access to the warehouse is via a single manual roller shutter door (2.56m wide & 3.94m high). There is nominal storage above the office accommodation. The unit is currently a tile showroom, however the property can be used for a variety of uses (STPP). Externally there is a dedicated area to the front of the unit for car parking only and further communal parking to the rest of the estate.

Accommodation

From onsite measurements, it is understood that the unit has the following gia:

Warehouse (inc of office) 75.93 m2

total (gia) 75.93 M2 (817 sq ft)

Services

We understand that main services are available including electric and water. All parties should make their own investigations.

Business rates

From the voa website we understand that the unit has an assessment of:

Unit 10 : Rv £4,600.

(All interested parties should make their own investigations as to the rating liability.)

Tenure

Leasehold. The unit is are available to let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.

Rent

Our client is seeking a rent of £6,000 pa. Incentives may be available subject to lease term and covenant. A rental bond of 3 months is required upon completion of the lease.

Service charge

A nominal service charge including building insurance is payable for the maintenance and up keep of common areas, including CCTV.

Energy performance certificate

E-107.

Legal costs

The tenant will be responsible for any legal / professional fees together with any VAT thereon incurred in the preparation of the lease.

VAT

All figures are quoted exclusive of VAT but will be liable to VAT.

Viewing

Strictly by prior arrangement only - further information available from Frew Pain & Partners:

James E F Pain

Tel: Email:

November 2019