naylors.co.uk Retail Development Industrial Investment Office T 0191 232 7030 Hadrian House, Higham Place, Newcastle upon Tyne, NE1 8AF E [email protected]TO LET Modern Warehouse and Office Premises Unit 5 Queensway Team Valley Trading Estate Gateshead NE11 0NY Location The property is located within Team Valley Trading Estate, one of the North East’s busiest and most important commercial areas. Team Valley covers a total of approximately 238 hectares and provides in excess of 650,000 m 2 of commercial accommodation. The estate lies approximately 4.5 miles south of the Newcastle/Gateshead conurbation and has direct access onto the A1 trunk road linking the north and Scotland with the Midlands and the South. This exceptionally well fitted property is located on Queensway, one of the main thoroughfares through the estate, and was constructed in approximately 2002. Occupiers nearby include Flowserve, WH Smith and Royal Mail. Maingate, a popular office, retail and leisure development including Premier Inn is within easy walking distance as well as Valley Farm a recently constructed family pub.
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naylors.co.uk
Retail Development Industrial Investment Office T 0191 232 7030
Hadrian House, Higham Place, Newcastle upon Tyne, NE1 8AF
Unit 5 Queensway Team Valley Trading Estate Gateshead NE11 0NY
Location The property is located within Team Valley Trading Estate, one of the North East’s busiest and most important commercial areas. Team Valley covers a total of approximately 238 hectares and provides in excess of 650,000 m2 of commercial accommodation. The estate lies approximately 4.5 miles south of the Newcastle/Gateshead conurbation and has direct access onto the A1 trunk road linking the north and Scotland with the Midlands and the South. This exceptionally well fitted property is located on Queensway, one of the main thoroughfares through the estate, and was constructed in approximately 2002. Occupiers nearby include Flowserve, WH Smith and Royal Mail. Maingate, a popular office, retail and leisure development including Premier Inn is within easy walking distance as well as Valley Farm a recently constructed family pub.
naylors.co.uk
Description The property comprises a first class detached industrial / warehouse with two story offices to the front of steel frame construction with brick walls to dado level with insulated profile sheet cladding above. The roof is pitched with insulated profile sheeting with intermittent roof lights.
The specification includes:
5.85 m eaves, 8.4 m to the ridge.
2 no. power operated loading doors to the side of the premises 4 m wide by 5 m high.
High bay factory lighting.
Gas fired space heating.
Excellent offices over two floors to include double glazed windows, partial air conditioning, gas central heating /partial convection heating units, category 2 lighting, data trunking and carpeted throughout.
WC’s and canteen area.
Approximately 40 car parking spaces.
Palisade fenced yard and loading area to the side.
Accommodation The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and provides the following areas: Ground Floor Offices 187 m2 (2,012 ft2) First Floor Offices 145 m2 (1,564 ft2) Warehouse 2,357 m2 (25,369 ft2) Total GIA 2,689 m2 (28,945 ft2)
Terms The property is available on a new lease for a term of years to be agreed with the tenant responsible for all repairs and property insurance.
Rent £173,670 per annum exclusive.
Rating Assessment The Valuation Office Agency website describes the premises as ‘Warehouse and Premises’. Rateable Value (2010 List): £130,000 Draft Value (2017): £143,000
VAT All figures quoted are exclusive of VAT where chargeable.
Services All main services are connected to the property. Interested parties are advised to make their own enquiries.
NAYLORS CHARTERED SURVEYORS for themselves and for the vendors and lessors of the property give notice that: (i) these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of any offer or contract. (ii) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but
without responsibility on the part of Naylors or their clients. 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 the correctness of each of them.
(iii) No person, either principal or employee, at NAYLORS CHARTERED SURVEYORS has any authority to make or give any representation or warranty in relation to this property. (iv) Any reference to plant, machinery, equipment, services, fixtures or fittings shall not imply that such items are fit for their purpose or in working order
