12a Follingsby Park Gateshead NE10 8YG
Brief Property Description:
Description
Superb modern high bay unit on Follingsby Park. The building has 8m eaves height, two storey offices, dock and level access loading doors and a very large secure service yard. Undergoing refurbishment and available by way of assignment of a lease. New lease available by negotiation.
Location
Follingsby Park is a premier industrial estate extending to 110 acres at the centre of the Tyne & Wear conurbation. With direct access to a Motorway junction on the A194(M), the park has good links to the A1(M), the A19 and all the region's main towns and cities, including Newcastle, Sunderland and Durham.
An established prime industrial location with a mixture of tenants including Energizer, Pioneer Foodservices, DX Express, and Rustoleum.
Services
We understand that the property is connected to all mains services. The power supply has been upgraded to 1 MVA with a dedicated transformer and LV switch room.
Property Type: Industrial
Size: 4041 sqm (43496 sqft)
Retail Area: 0sqm
Tenure: Lease
Lease: Assignment of a lease expiring 2nd June 2028 at a passing rent of £220,135 per annum
Rent: £220135pa
Rateable Value: £295000
Agent Details:
HTA Real Estate (NA)
Contact: Nick Atkinson on 0191 245 3011
Brochure from HTA Real Estate (NA)Click here to view online details from the agent website