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Guide price

£8,000,000

Light industrial for sale
St Johns Road, Meadowfield, Durham DH7

  • EPC Rating: E

Added on 12/05/2025

About this property

  • Newly Refurbsihed Industrial Unit

  • Let to a Single Occupier - Pragmatic Semiconductor Limited

  • Annual Rent of £603,000

  • Lease Expiry: 31st January 2037

The property is situated on St. John's Road within the Meadowfield Industrial Estate, located approximately 2.5 miles west of Durham city centre in County Durham, England.

This industrial estate is situated near the village of Meadowfield and is accessible via the A690 and Browney Lane, providing convenient connections to Durham and the surrounding areas.

Meadowfield Industrial Estate is a significant feature of the area, accommodating both local and national businesses. Notable occupants include Durham County Council, Yesss Electrical and the Banks Group.

This high-specification industrial facility comprises a modern steel portal frame structure, recently recladded to enhance performance and aesthetics.

The building offers a eaves height ranging from 5.6m to 11.6m, accommodating a variety of industrial uses and storage requirements.

Key features include:
Electrical capacity: 7 mva – ideal for energy-intensive operations
Loading access: 20 level loading doors, comprising 15 roller shutter doors and 5 high-speed doors
Cranage: Equipped with cranes ranging from 2 to 10 tonnes, supporting heavy-duty lifting and logistics
Site area: 15.8 acres
Yard area: 11.6 acres – providing extensive external space for hgv access, storage, or additional operations
EPC Rating: B (Score: 46) – energy-efficient and compliant with modern standard.

Tenant: Pragmatic Semiconductor Limited
Lease Length: 15 Years from the 1st February 2022
Rent: £603,000 per annum
Rent Review: Rpi five yearly reviews
Break:1st February 2032
Size: 16,221 sq ft

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£40,019 per month

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