Planet House, Northumbrian Way, Killingworth, Tyne and Wear, NE12 6EH

Offers in excess of £440,000 or £48,000 per annum

Killingworth is an area of North Tyneside, approximately 5 miles to the north east of Newcastle upon Tyne City Centre. This planned town from the 1960’s is a well established residential area, but also has a sizeable commercial centre with a wide offering of industrial and office buildings which benefit from ready access to the regional road network lying immediately east of the A189 and north of the A191 which links to both the A19 and A1. The subject property is located in a highly visible roadside position on Northumbrian Way, within close proximity to the Killingworth Centre.

The building is situated in a prominent position on a large site on the southern side of Northumbrian Way. The building’s position gives excellent access to all of Killingworth’s amenities and is situated within a well established commercial location.   Nearby occupiers include Paul Cunningham Packaging Consultancy Ltd, Vision Printing Ltd, Newland Corporate Communications, Benella Commercial Components, EMR Electrical Installations and Pay for Less Storage.

 

The property comprises a workshop/ trade counter which is offered with the benefit of full retail consent (Class 1). The original building comprises 2 floors, with the upper floor fitted out as office space, with a tea prep area. The Ground floor accommodation is a split of trade counter front shop and workshop, which incorporates a roller shutter.

The building also benefits from a single storey garage, and access to a large yard with common rights to the rear.

  • Roller Shutter
  • 2-Storey
  • Trade Counter
  • Workshop
  • Garage
  • Office Space
  • Tea Prep Area
  • Large Yard
  • Front Shop

Tenure

The property is available to let, or alternatively, the long leasehold interest is available to purchase.

The long leasehold is offered for the sale with vacant possession. Alternatively the premises are available by way of a new lease on Full Repairing and Insuring terms, for a term of years to be agreed.

Price

We are instructed to seek offers in excess of £440,000 for the long leasehold interest and invite offers of £48,000 per annum for the leasehold interest.

Rates

Rateable Value (2010 List) - £48,690
Rates Payable 2015/2016 - £24,004

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

All prices quoted are excluding, but may be liable to VAT.

Accommodation (approx sq ft)

The premises have been measured in accordance with the RICS Code of Measuring practice (6th Edition) and the approximate Gross Internal Area is as follows:

Offices - 9,712 sq ft
Workshop - 1,733 sq ft

Total Area - 11,445 sq ft

Energy Performance

An Energy Performance Certificate (EPC) has been prepared.

Important Notice

Dunlop Heywood gives notice to anyone who may read these particulars as follows:

1.These particulars are prepared for the guidance only of prospective purchasers. They are intended to give a fair overall description of the property but are not intended to constitute part of an offer or contract. 2. Any information contained herein (whether in the text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. 3. Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor that any services or facilities are in good working order. 4. The photographs appearing in this brochure show only certain parts and aspects of the property at the time when the photographs were taken. Certain aspects may have changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs. Furthermore no assumptions should be made in respect of parts of the property which are not shown in the photographs. 5. Any areas, measurements or distances referred to herein are approximate only. 6. Where there is reference in these particulars to the fact that alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by any intending purchaser. 7. Descriptions of a property are inevitably subjective and the descriptions contained herein are used in good faith as an opinion and not by way of statement of fact.