TO LET HIGH QUALITY INDUSTRIAL/WAREHOUSE PREMISES
Unit 7 Princes Park, Team Valley Trading Estate, Gateshead, NE11 0NF
Industrial/Warehouse premises 640 sq m (6,889 sq ft)
For more information, please contact:
Property Highlights
Richard Scott Partner +44 (0)191 223 5711
[email protected]
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High quality unit
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Excellent communication links
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High car parking provision
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Modern warehouse with office accommodation
Emma Conville Senior Surveyor +44 (0)191 223 5716
[email protected] Central Square Forth Street Newcastle upon Tyne NE1 3PJ T +44 (0)191 223 5800
cushmanwakefield.com
TO LET HIGH QUALITY INDUSTRIAL/WAREHOUSE PREMISES
Unit 7 Princes Park, Team Valley Trading Estate, Gateshead, NE11 0NF
Location
Rateable Value
The premises are located just off Fourth Avenue which connects Princes Way and Kings Way, one of the two main thoroughfares through Team Valley Trading Estate.
We understand the property has a rateable value of £39,500
Team Valley is a North East premier industrial location and lies approximately 3 miles south of Newcastle upon Tyne city centre and 1 mile south of Gateshead town centre. The estate benefits from excellent communication links with direct access to the A1(M) at both the northern and southern end of the estate. Team Valley is widely recognised as the premier business location for production/warehouse facilities in the North East and covers a total area of approximately 238 hectares providing more than 650,000 sq m of industrial, office, retail and leisure accommodation.
Description The property comprises a modern terraced industrial unit of steel portal frame construction with brick and blockwork walls to a height of 2m with profile cladding above under a pitched profile metal roof incorporating translucent panels. Internally the warehouse area benefits from concrete floors throughout, heating, lighting and a minimum eaves height of 6.33m rising to 10m at the apex. To the front of the property is single storey office accommodation benefitting from carpeting, suspended ceiling with integral integrated lights, gas central heating, wc and kitchen facilities. Access to the unit is via a electric roller shutter door which is 5m wide and 5m high. Car parking is also provided externally.
Accommodation The property comprises the following approximate gross internal areas: Sq m
Sq ft
Warehouse
642.23
6,913
Total Gross Internal Area
642.43
6,913
Terms The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a rent of £41,500 per annum exclusive.
cushmanwakefield.com
Interested parties should make their own enquiries as the exact rates payable
Services We understand the property is connected to all main services however we recommend interested parties make their own enquiries in this regard.
Energy Performance Certificate The Energy Performance asset rating is Band D (95) . A fully copy of the EPC is available for inspection if required.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction
VAT The figures quoted above are exclusive of VAT.
TO LET HIGH QUALITY INDUSTRIAL/WAREHOUSE PREMISES
Unit 7 Princes Park, Team Valley Trading Estate, Gateshead, NE11 0NF
cushmanwakefield.com
TO LET HIGH QUALITY INDUSTRIAL/WAREHOUSE PREMISES
Unit 7 Princes Park, Team Valley Trading Estate, Gateshead, NE11 0NF
cushmanwakefield.com
