Property to rent

Units 8-11 Cathedral Park, Belmont Industrial Estate

£1,374 pcm
fees apply

Property Description

Letting information:

Added on Rightmove: 14 February 2017 (375 days ago)

Key features

  • Industrial / Warehouse Unit
  • Popular Industrial Estate Location
  • Modern Office Accommodation
  • Sizes from 374.4m (4,030 ft) to 2,106.8m (22,696 ft)
  • Awaiting EPC Rating
  • Rental Price from 5.50 psf

Full description

SITUATION
The subject premises are located adjacent to J62 of the A1M approximately 2 miles to the north east of Durham City Centre. The A690 dual carriageway connects Cathedral Park with Durham city centre. The site is well situated for Newcastle and Teesside airports, Intercity main line rail stations at both Newcastle and Durham and the ports of Tyneside and Teesside.
Cathedral Park is a modern industrial development forming part of the wider established Belmont Industrial Estate and office Park. Neighbouring occupiers include DOD, Newey & Eyre and Howdens.

DESCRIPTION
- Industrial/warehouse unit
- Steel portal frame construction
- Steel sheet cladding to all elevations
- Internal block plinth to 2.3 m high
- Steel cladding roof with 10% translucent roof lights
- Glazed reception area
- Male, female and disabled toilets
- Modern offices on ground and first floors
- Suspended ceilings and fitted carpets
- Varying eaves heights to due to mezzanines
- Electric roller shitter - 4m wide x 4.7m high,
- Car park providing 26 car parking spaces
- Large concrete yard

ACCOMMODATION
The property has been measured in accordance with RICS Code of Measuring Practice and has the below approximate Gross Internal Areas:

Unit              Ground Floor               Mezzanine                        Total

8            457.7m<sup>2</sup>    (4,926ft<sup>2</sup>)     125.25m<sup>2</sup>  (1,348ft<sup>2</sup>)      582.95m<sup>2</sup>  (6,274ft<sup>2</sup>)

9            373.46m<sup>2</sup>  (4,020ft<sup>2</sup>)     339.81m<sup>2</sup>  (3,657ft<sup>2</sup>)      713.27m<sup>2</sup>  (7,678ft<sup>2</sup>)

10          278.4m<sup>2</sup>    (2,997ft<sup>2</sup>)     96m<sup>2</sup>         (1,033 ft<sup>2</sup>)      374.4m<sup>2</sup>   (4,030ft<sup>2</sup>)

11         280.33m<sup>2</sup>   (3,017ft<sup>2</sup>)     157.65m2 (1,697ft<sup>2</sup>)       437.98m<sup>2</sup>  (4,714ft<sup>2</sup>)

Total     1,389.9m<sup>2</sup> (14,960ft<sup>2</sup>)  718.7m<sup>2</sup>    (7,736ft<sup>2</sup>)      2,106.8m<sup>2</sup> (22,696ft<sup>2</sup>)

TERMS
The property is available to let either in whole or in part on a new lease for a number of years to be agreed at an asking rent of £5.50 psf.

RATING ASSESSMENT
Description           Rateable Value 
Unit 8-10               £48,500
Unit 11                  £15,500

We are advised that the rateable value of the premises as at 1 April 2010 and the April 2017 draft are as above. If the property were to be divided into separate units we would anticipate the rateable value will also change and the property subject to a new valuation. Interested parties should confirm the position with the Local Authority.


EPC
The property is awaiting an EPC certificate.


LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.


VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT


Nearest stations

  • Durham (1.9 mi)
  • Chester-le-Street (4.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors & Estate Agents, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 Local call rate

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Map & Street View

Nearest stations

  • Durham (1.9 mi)
  • Chester-le-Street (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors & Estate Agents, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

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