Unit BT99/10, Falstone Close, North Tyne Industrial Estate, Newcastle upon Tyne, Tyne and Wear, NE12

Per sq ft £4.10 per sq ft

The premises comprise the original warehouse (built 1979) and used primarily as a cash & carry, with more recent modern high bay extension incorporating a cold store facility, as summarised below:

MAIN COLD STORE FACILITY
Modern high bay steel portal frame extension incorporating cold store
Insulated steel sheet elevations and roof
New energy efficient high bay LED lighting
Fully serviced under maintenance contract
4 no dock level loading doors / service apron
Two-storey office / amenity block
Cold store operates at -20c delivering 120 kW of cooling capacity
Storage capacity for 2,150 pallets (width 28.1 m x depth 33.4 m x height 10.35 m)
Mixture of PUR and PIR insulated panelling
Link 51 racking, 90% of which is motorised and fully movable


CASH & CARRY WAREHOUSE
Steel portal frame warehouse (built 1979)
Fitted with chilled zones and Cash & Carry
Brick/blockwork to dado level with insulated steel cladding to eaves
Built up mineral felt roof
Clear internal height of 4.5 m
Additional stores & loading areas
2 no ground level loading doors
First floor office accommodation
Secure service yard
Staff / Customer car park

UTILITIES
The property benefits from supplies of gas, water and electricity. The available electrical capacity is 250 kVA.
The M&E currently in operation draws circa 140kVA.

TENURE
The property is held by way of 125 year long leasehold interest commencing 9 August 1982.

TERMS
Our client is seeking to dispose of their long leasehold interest for offers in the region of £1,985,000.
Alternatively the property is available to let for a term of years to be agreed for £185,000 per annum.

North Tyne Industrial Estate is situated on the A191 Whitley Road immediately opposite Asda Benton, approximately 4 miles to the East of Newcastle city centre and within 1 mile of the A19 Tyne Tunnel
approach road.

The estate boasts a wide range of occupiers including Screwfix, Travis Perkins, BLP and Round the Twist across industrial, trade, distribution and leisure sectors.