Property Details

Industrial Light Industrial
Unit 2 Newcastle Trade Centre, Penn Street (Scotswood Road), Newcastle-Upon-Tyne. NE4 7BG
Rent: £24,000 per annum (total size: 281 sq m)

  • Photograph of Newcastle-upon-Tyne. Unit 2 Newcastle Trade Centre
Summary:

To Let - The most prominent Trade Park scheme in Newcastle, highly visible to Scotswood Road.  Adjoining tenant’s are Howdens Joinery, Johnstones Leyland Paints And Tool Station who have recently acquired Unit 1.  Adjacent to the expanding site occupied by Arnold Clark.  Available with the substantial tenant’s fit out or as a shell.
 

Full Description:

LOCATION

Newcastle is the regional capital of the northeast with good transport links to the A1 (M) and A19. The property forms part of an established Trade Park backing onto Scotswood Road (the A695) which links Newcastle City Centre / Gateshead from the A1.Vehicular access into the scheme is on Penn Street. The location is further enhanced by Dunn Street forming the main feeder route into the arena car park. Established Tenants’ on the scheme include Howdens Joinery, Johnstones Leyland Paints and a newcomer, Tool Station, who have recently acquired Unit 1 which has an area of 5,000 ft².


DESCRIPTION

The premises comprise a mid terraced steel portal framed unit with an internal eaves height of seven metres.  The walls are clad in brickwork to a height of approximately two metres and thereafter metal profile cladding above.
The metal profile clad roof incorporates translucent sheets and access to the unit is via a sectional overhead door and internally there is heating from ambi-radiant units and lighting throughout. The tenants have installed their own fit-out incorporating a reception, two offices and a kitchen.


FLOOR AREAS

Measured in accordance with the RICS Code of Measuring Practice 6th Edition, the unit has a gross internal area of 3027 ft² / 281 m²
Within the above area the following has been created:
Reception:   123 ft² / 11.44 m²
Two offices:   246 ft² / 23 m²
Kitchen:   139 ft² / 13 m²


RATING INFORMATION

The proposed Rateable Value for the 2010 Revaluation is £14,500


LEASE TERM

The premises are held on a 10 year lease expiring the 5th September 2016 on a fully repairing and insuring basis.  The next rent review is due on the 5th September 2011.


THE RENT

£24,000 per annum


VAT

All rents quoted are exclusive of VAT.


EPC

An Energy Performance Certificate for the premises is available upon request.


PLANNING

The premises have planning permission for B1c, B2 and B8 purposes.


TERMS OF DISPOSAL

The premises are available by way of an assignment or, subject to covenants status, a sublease.  


LEGAL COSTS

Each party are to be responsible for their own legal costs incurred in this transaction.


VIEWING

Strictly by appointment only with the sole agents:
Roger Davis:  roger.davis@geohallam.co.uk
Julian Breed:  julian.breed@geohallam.co.uk
Maliza Nyakoojo: mal@geohallam.co.uk
 

Downloads

Geo Hallam & Sons for themselves and for the Vendors or lessors of this property whose agents they are give notice that:
1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract.
2) All descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to correctness of each of them.
3) No person in the employment of Geo Hallam & Sons has any authority to give any representation or warranty whatsoever in relation to this property.