£19,000 pa
(£9.00/sq. ft. pa)
Industrial to letMayoral Way, Team Valley Trading Estate, Gateshead NE11
2,111 sq. ft
Available immediately
About this property
Location
The subject premises are located at Mayoral Way, Team Valley Trading Estate.
The surrounding area is principally commercial, including trade counter, offices and retail with Team Valley Retail Park a short walk away.
Team Valley Estate is widely recognised as premier industrial location within the Newcastle and Gateshead conurbation. It benefits from excellent transportation links lying just east of the A1 (M) which can be accessed both north and south ends of the estate.
The exact location is shown on the attached plan.
Description
The premises comprise of a terraced single storey showroom / warehouse unit of steel portal frame design with brick/blockwork infill walls and insulated cladding to roof above.
Internally there is a small office to the front and WC & welfare facilities to the rear, with mezzanine floor above.
Currently used as a showroom it can be operated for a various of uses, subject to usual permissions.
Externally there is a car parking to the front.
Accommodation
From onsite measurements the premises have the following gia:
Warehouse / showroom including
offices and mezzanine floor.
Total gia 196.08 M2
(2,111 sq ft)
Services
The property benefits from all mains services.
It is recommended that all interested parties contact the local service provides to ensure that the services are installed and operational.
Business rates
We understand from the voa website the property is assessed as follows:
Rv £14,000
(It is recommended that all interested parties contact the Local Authority to confirm these figures).
Tenure
The property is available by way of new Full Repairing and Insuring lease for a term of years to be agreed.
Rent bond
The landlord will require a 3 month rent bond which will be held for the duration of the lease.
Service charge
A nominal service charge is payable for the up keep and maintenance of common areas.
Full details upon request.
Exact figures can be provided upon request.
Rent
Our client is seeking a rental in the region of £19,000 p.a. Exc.
Incentives may be available subject covenant and lease term.
Energy performance certificate
An EPC can be provided upon request.
VAT
VAT will be chargeable at the prevailing rate.
Legal costs
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.
Viewing
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
October 2024
The subject premises are located at Mayoral Way, Team Valley Trading Estate.
The surrounding area is principally commercial, including trade counter, offices and retail with Team Valley Retail Park a short walk away.
Team Valley Estate is widely recognised as premier industrial location within the Newcastle and Gateshead conurbation. It benefits from excellent transportation links lying just east of the A1 (M) which can be accessed both north and south ends of the estate.
The exact location is shown on the attached plan.
Description
The premises comprise of a terraced single storey showroom / warehouse unit of steel portal frame design with brick/blockwork infill walls and insulated cladding to roof above.
Internally there is a small office to the front and WC & welfare facilities to the rear, with mezzanine floor above.
Currently used as a showroom it can be operated for a various of uses, subject to usual permissions.
Externally there is a car parking to the front.
Accommodation
From onsite measurements the premises have the following gia:
Warehouse / showroom including
offices and mezzanine floor.
Total gia 196.08 M2
(2,111 sq ft)
Services
The property benefits from all mains services.
It is recommended that all interested parties contact the local service provides to ensure that the services are installed and operational.
Business rates
We understand from the voa website the property is assessed as follows:
Rv £14,000
(It is recommended that all interested parties contact the Local Authority to confirm these figures).
Tenure
The property is available by way of new Full Repairing and Insuring lease for a term of years to be agreed.
Rent bond
The landlord will require a 3 month rent bond which will be held for the duration of the lease.
Service charge
A nominal service charge is payable for the up keep and maintenance of common areas.
Full details upon request.
Exact figures can be provided upon request.
Rent
Our client is seeking a rental in the region of £19,000 p.a. Exc.
Incentives may be available subject covenant and lease term.
Energy performance certificate
An EPC can be provided upon request.
VAT
VAT will be chargeable at the prevailing rate.
Legal costs
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.
Viewing
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
October 2024
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