TO LETHIGH BAY INDUSTRIAL/DISTRIBUTION WAREHOUSE1 Fiennes Road, North West Industrial Estate, Peterlee SR8 2QH100,340 sq ft (9,322 sq m)

MODERN HIGH SPECIFICATION UNIT

SELF CONTAINED SECURE SITE

EXCELLENT ACCESS TO A19

MINIMUM 8 METRE EAVES HEIGHT

GENEROUS YARD AND CAR PARKING AREAS

EXPANSION LAND AVAILABLE

LOCATIONThe premises are located on North West Industrial Estate which is an established commercial location providing over 4 million sq ft of industrial space. The area benefits from excellent road links via the A19, approximately ¼ mile to the east.

The estate is centrally located in the north east within easy access to the region’s major conurbations, rail network and ports. The estate is home to some major occupiers including Caterpillar, NSK Bearings, TRW Automotive and GT Group.

sunderland

peterleedurham

newcastleupon tyne

newcastleinternational

airport

durhamtees valley

airport

bishopauckland

darlington

middlesbroughstockton-on-tees

hartlepool

seahamconsett

prudhoegateshead

tynemouthsouth shields

crookA19

A19

A1

A66

A68

A69

A1(M)

A1(M)

passfie

ld w

ay

wh

itehouse way

cook way

mil

l h

illdavy drive

lowhills road

shotton lane

pen

nin

e dr

ive

acre rigg road

sunderlandnewcastle& the north

south westindustrial

estate

north westindustrial

estate

north eastindustrial

estate

Teesside &the south

peterlee

shotton

A19

A19

b1320

b1320

DRIVE TIMESPort of Tyne 30mins Nissan 30mins Seaham 15mins Newcastle 45mins Teesport 30mins

Expansion land

BURRELLS CARAVANS

G & G GOODFELLOW

BRAKES

SAICA PACKAGING

INNERGLASS

PROFUIS

MKM BUILDING SUPPLIES

GEM PREMIUM PEOPLE

EAST DURHAM BUSINESS SERVICE

EAST DURHAM HOMES

ICARUS LKM

CONDER PRODUCTS

ALDONA SEALS

BISHOP'S BEDS

ALEXANDER TECHNOLOGIES

NSK BEARINGS

STAR MEATS

CATERPILLAR

BRISTOL STREET MOTORS

RANDSTAD

MECAPLAST

JANUS INTERNATIONAL

ENCORE PACKAGING

MIS

BHK

AKS

CATERPILLARENERGY PLUS

A19

MAXWELLS DIYRICHARD MARTINS

AUTOMOTIVE SOLUTIONS

PETERLEE GLASSPHILADELPHIA STRUCTURES

CONTINENTAL CHEF SUPPLIES

DESCRIPTIONThe property comprises a modern high bay facility built in the mid-1990s. The unit is of steel portal frame construction with profile cladding under a dual pitched roof. The main warehouse/production area is split into two interlinked bays. In addition there is a two storey block providing high quality office space at first floor level with staff welfare facilities below. The property has a minimum eaves height of approximately 8 metres rising to 11.3 metres at the apex.

Goods access is via five sectional up-and-over loading doors located in the north elevation of the building. These benefit from canopies providing covered loading.

Externally there is a secure service yard and generous car parking provision surrounded by perimeter palisade fencing with a gated access. Within this there is an area of grassland to the eastern corner of the site providing expansion land if required. We are informed that the property has mains supplies of 3 phase electricity, gas, water and drainage.

ACCOMMODATIONWe are informed that the property has the following approximate gross internal areas:

Warehouse 7,924 sq m 85,296 sq ft

Office and welfare space 713 sq m 7,676 sq ft

Storage areas 419 sq m 4,508 sq ft

Mezzanine Storage 266 sq m 2,860 sq ft

TOTAL 9,322 sq m 100,340 sq ft

The premises sit on a site area of 2.09 acres (5.17 acres).

TERMSThe premises are available by way of a new full repairing and insuring lease for a term of years to be agreed.

RENTALAsking rent is £396,500 per annum exclusive.

ENERGY PERFORMANCE CERTIFICATEThe property has an EPC rating of D79.

RATEABLE VALUEThe premises have a rateable value of £260,000. Interested parties are advised to contact the Local Rating Authority for further information to confirm the rates payable.

LEGAL COSTSEach party to be responsible for their own legal costs incurred in the transaction.

VATAll prices, premiums and rents etc are quoted exclusive of VAT.

For further information or an appointment please contact:

avisonyoung.co.uk/151390191 261 2361

Danny Cramman0191 269 0068danny.cramman@avisonyoung.com

1) Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young is) in this brochure is provided on the following conditions:

2) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract.

3) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and

are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.

4) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure.

5) All prices quoted are exclusive of VAT.

6) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by Avison Young.

January 2020