Unit D Spey House Mandale Park Durham DH1 1TH
Brief Property Description:
Location
Situated on the outskirts of Durham City, Mandale Park is part of the larger Belmont Industrial Estate and boasts an excellent location less than one mile from Junction 62 of the A1(M) via the A690. The estate is conveniently positioned 15 miles south of Newcastle upon Tyne and 9 miles southwest of Sunderland. Additionally, a 'Park & Ride' car park is available nearby on the A690.
The estate is strategically placed for easy access to the region's major airports in Newcastle and Durham Tees Valley, as well as the east coast's rail line station at Durham, which provides regular services to London Kings Cross.
Surrounding occupiers include Vertu Motors (BMW/Mini), Pulman Skoda, DPD, Howdens, Rexel, SAS Autoparts, Durham University, Clive Owen LLP, and the Durham & Darlington Fire Service (HQ).
Description
Spey House comprises an estate of eleven two-storey units of traditional brick and block construction, featuring a glazed entrance facade, surmounted by a pitched, tiled roof.
Internally, the unit is divided over two levels; the ground floor providing warehouse / workshop accommodation, with a concrete slab floor and access via a 3.4m high electric roller shutter door to the front elevation.
The first floor is fitted to an office specification but could be repurposed by ingoing Tenants if required.
The units were designed with occupier affordability in mind, currently falling below the minimum rates threshold. Heating and lighting are provided by LED fittings and electric panel radiators throughout, resulting in excellent EPC ratings and low running costs.
Each unit includes accessible WC and kitchen facilities.
Property Type: Industrial
Size: 145.67 sqm (1567 sqft)
Retail Area: 0sqm
Tenure: Lease
Lease: New FRI lease for a term of years to be agreed. 5 year upward rent reviews
Rent: £16000pa
Rateable Value: £9200
Agent Details:
Graham S Hall
Contact: Daryl Carr on 0191 731 8660
Brochure from Graham S HallClick here to view online details from the agent website