The property comprises a highly prominent industrial unit of steel portal frame construction, with two storey offices and a fenced 1.5 acre hard-surfaced yard.

The offices are finished to a good specification, having recently been refurbished, generally comprising carpet covered floors, suspended ceilings, LED lighting and having a central heating system and uPVC double glazed windows.

There are currently 5EV charging points on site, a large double height wash bay and fuel tank.  The workshop has integral roof-lights and six goods entrances in total.

The property also benefits from a tarmac surfaced parking area to the front.

• Hard-surfaced
• fenced yard
• 6 goods entrances to workshop
• Double height wash bay
• Fuel tank
• Car parking
• Prominent position close to the junction with A1231 (Sunderland Highway) and A195 (Northumberland Way)

The site is available to let on a new lease for a term of years to be agreed on full repairing and insuring terms.  South Tyne Drilling are sub-tenant and currently occupy the first floor offices and a rear section of the site at a combined rent and service charge of £30,000pa plus VAT.  They have indicated that they would like to remain in occupation if possible.

The site will be available from September 2023 at £75,000 per annum, exclusive of business rates and all other outgoings.

We are informed that the Rateable Value is:

Rateable Value (2023 List):                £37,500

Rates Payable 2023/24:                     £18,712.50

Rateable Value (2023 List):                £13,250

Rates Payable 2023/24:                     £2,754.90*

* to qualifying small businesses