To Let Refurbished Engineering Unit Gateshead, NE11 0HF... · circa 5 miles to the north. ......

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To Let Refurbished Engineering Unit Unit 10A Princes Park, Fourth Avenue, Team Valley, Gateshead, NE11 0HF Refurbished unit located on one of the North East’s premier business parks Good quality manufacturing space with 2no 10 tonne travelling gantry cranes Excellent access to A1 and within 5 miles of Newcastle City Centre Total Size: 1,989.5 m² (21,415 sq ft) including offices and staff amenities To Let on new lease Rent: £120,000 (exc VAT) +44 (0)191 221 2211 St Ann's Quay, 124 Quayside, Newcastle upon Tyne, NE1 3BD

Transcript of To Let Refurbished Engineering Unit Gateshead, NE11 0HF... · circa 5 miles to the north. ......

Page 1: To Let Refurbished Engineering Unit Gateshead, NE11 0HF... · circa 5 miles to the north. ... Knight Frank LLP is a limited liability partnership registered in England with registered

To Let – Refurbished Engineering Unit

Unit 10A Princes Park, Fourth Avenue, Team Valley, Gateshead, NE11 0HF Refurbished unit located on one of the North East’s premier business parks

Good quality manufacturing space with 2no 10 tonne travelling gantry cranes

Excellent access to A1 and within 5 miles of Newcastle City Centre

Total Size: 1,989.5 m² (21,415 sq ft) including offices and staff amenities

To Let on new lease

Rent: £120,000 (exc VAT)

+44 (0)191 221 2211 St Ann's Quay, 124 Quayside, Newcastle upon Tyne, NE1 3BD

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Situation

Team Valley Estate is generally regarded as

the premier estate in the region boasting over

700 business employing over 20,000 people.

It offers a wide range of amenities, including

hotels, restaurants and cafes as well as a

retail park, shops and financial services.

Access to the region’s main arterial routes is

unrivalled with the estate bounded on the west

by the A1. Newcastle City Centre is located

circa 5 miles to the north.

Unit 10 Princes Park is located prominently on

Fourth Avenue at the junction with Dukesway

to the northern end of Team Valley.

Please refer to the attached plans for further

directions.

Description

The property is a semi-detached unit of steel

portal frame construction with brick / blockwall

to dado height and insulated profile steel

cladding to eaves. The roof is of insulated

steel sheeting incorporating rooflights.

Internally the unit benefits from a concrete

floor throughout and an clear internal height of

8.2 m. Vehicular access to the warehouse is

via an electrically operated up and over

sectional door located from the service yard

situated to the side of the building (height

4.6m x width 4m).

The unit benefits from 2 no 10 tonne travelling

gantry cranes.

Situated to the front elevation is an attractive

refurbished reception area and office

accommodation situated over two storeys.

The office provision includes open plan offices

as well as several meeting rooms.

A wealth of staff amenities are also provided

including canteen, WC and shower facilities.

Staff parking is provided to the front of the

premises.

Services

The property is provided with mains supplies

including a large three phase electricity and

gas. The offices are centrally heated

throughout.

Accommodation

The property has been measured in

accordance with the RICS Code of Measuring

Practice (6th Ed) and the approximate Gross

Internal floor areas recorded as follows:

M

2 Sq ft

Warehouse 1,313 14,138

Ground floor offices & amenities 217 2,328

First floor offices & amenities 464 4,998

Total 1,994 21,464

Rateable Value According to the Valuation Office Agency

website (www.voa.gov.uk) the property had a

previous Rateable Value listing of £69,000. It

is recommended any interested party confirm

the current rating with the VOA.

Important Notice

1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by

Knight Frank LLP in the particulars or by word of mouth or in writing ("information") as being factually accurate about

the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any

representations about the property, and accordingly any information given is entirely without responsibility on the

part of the agents, seller(s) or lessor(s).

2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken.

Areas, measurements and distances given are approximate only.

3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any

necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by

inspection or in other ways that these matters have been properly dealt with and that all information is correct.

4. VAT: The VAT position relating to the property may change without notice.

Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934.

Our registered office is 55 Baker Street, London W1U 8AN, where you may look at a list of members' names.

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Energy Performance The property has an Energy Performance

Asset Rating C (73). Further information is

available on request.

Terms The unit is offered to let on a new fully

repairing and insuring lease for a term of years

to be agreed at a rent of £120,000 per annum.

VAT All rents and service charges are quoted

exclusive of VAT.

Viewing Please contact this office for a convenient

appointment to view the premises.

Knight Frank is a supporter of the leasing code

(www.leasingbusinesspremises.co.uk)

Marketing particulars: January 2017

Images: January 2017

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10A Princes Park

A1

Princes Park, Team Valley, Gateshead

Ordnance Survey © Crown Copyright 2017. All rights reserved. Licence number 100022432. Plotted Scale - 1:20000

This plan is published for guidance only, andalthough it is believed to be correct itsaccuracy is not guaranteed, nor is it intendedto form any part of any contract.

Page 5: To Let Refurbished Engineering Unit Gateshead, NE11 0HF... · circa 5 miles to the north. ... Knight Frank LLP is a limited liability partnership registered in England with registered

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Unit 10A, Princes Park,Fourth Avenue, Team Valley, Gateshead

Ordnance Survey © Crown Copyright 2017. All rights reserved. Licence number 100022432.Getmapping plc 2017. Plotted Scale - 1:1250

This plan is published for guidance only, andalthough it is believed to be correct itsaccuracy is not guaranteed, nor is it intendedto form any part of any contract.