Unit 2 BT1/147, 186, 186X and 229 Kingsway Central Gateshead NE11 0SU
Brief Property Description:
LOCATION
The subject property is located on Kingsway in Team Valley Trading Estate, Gateshead. Team Valley Trading Estate is the north east’s premier business centre and home to over 700 businesses with nearby occupiers including Bellway North East, Best at Hire, HSS Hire and DHL Parcel UK.
The property Is prominently located on Kingsway which is the main road through the trading estate, linking with the A1(M) to the north and south as well as Gateshead town centre and A184 to the north. Kingsway is serviced by local bus routes and there is a bus stop within 60 yards.
DESCRIPTION
The original unit is of traditional steel portal frame design with external steel cladding and roof and brick built two storey office/reception/canteen to the front of the building. The factory accommodation provides an eaves height of 7.5m and ridge height of 9m.
Internally the building has been fitted out to provide an integral high care, panel-walled cold storage unit for food processing.
The integral fit out has been constructed with reduced ceiling height to assist optimal temperature cooling with refrigeration and air handling units installed throughout. Further details of specification can be provided. The rear of the cold store provides a delivery bay and external skip store secured by palisade fencing. Additional benefits include: CCTV throughout, security and fire alarm systems, steam room and roller shutter access to the rear.
The building provides 3 phase electricity supply with a power output of 1473 kva.
Property Type: Industrial
Size: 4310 sqm (46392 sqft)
Retail Area: 0sqm
Tenure: Lease
Lease: lease assignment at a rent of £249,112 per annum. The current lease expires on 14th October 2030
Rent: £249112pa
Rateable Value: £249000
Agent Details:
Frew Pain & Partners
Contact: James Pain on
Brochure from Frew Pain & Partners
Savills (RS)
Contact: Richard Scott on
Brochure from Savills (RS)
Bradley Hall (JI)
Contact: Joseph IAnson on 0191 383 9999
Brochure from Bradley Hall (JI)