Industrial to let

Kingsway, Team Valley Trading Estate, Gateshead NE11

Description
The property is has undergone a significant
refurbishment programme to provide a modern open
plan warehouse providing an eaves height 7.03m
rising to 8.77m at the apex.
The property is of traditional steel portal frame
construction with sheet profile cladding to the
external and roof. The front elevation comprises a
two storey brick built office block, complete with
reception, canteen facilities and passenger lift to first
floor. The property also benefits from a 750 kva
power supply.
Externally, the unit benefits from a secure rear yard
with loading access. Private car parking is available
to the front of the property while there are additional
dedicated spaces available adjacent to the site.

Accommodation
The property has been measured in
accordance with the RICS Code of
Measuring Practice (6th Edition) as follows:
Warehouse 3,636 39,146
gf Office 386 4,152
ff Office 386 4,152
Total gia 4,408 47,450

Location
Dukesway
The premises are located just off Sixth Avenue which connects
Dukesway and Kingsway, one of the main thoroughfares
through Team Valley Trading Estate. Team Valley is the North
East Premier industrial location, approximately 3 miles to the
south of Newcastle City Centre and 1 mile south west of
Gateshead town centre. The estate benefits from direct access
from two junctions off the A1 (M) motorway.

Terms
The unit is available by way of a new Fri
lease for a term of years to be agreed.

Rent
£275,000 per annum.

Rateable Value
We understand the premises have a current
Rateable Value of £297,500 (2023).
EPC

The property has an EPC Rating of B29. A copy
of the EPC is available on request.
VAT

All figures quoted are exclusive of VAT
where chargeable.

Legal Costs
Each party to bear their own legal costs