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Western Portion of Langton Industrial Estate, Whitworth Avenue, Newton Aycliffe, County Durham, DL5

Guide Price
£1,700,000

£34.00 per sq ft

Business rates & charges may apply

Acuitus Limited, Acuitus
SIZE AVAILABLE

50,000-100,000 sq ft

4,645-9,290 sq m

SECTOR

Industrial development for sale

Key features

  • FOR SALE BY AUCTION 7TH NOVEMBER 2024
  • Four Industrial Northlight Units let to Nationwide Leisure Homes Limited until June 2027, and Stiller Warehousing and Distribution Ltd (Holding Over)
  • Approximately 93,362 sq ft (8,673.60 sq m)
  • Benefits from approximate Eaves Height of 6.1 metres (20 ft)
  • Established Industrial Estate Location, close to A1 (M) (Junction 59)
  • Nearby occupiers include 3M, Screwfix, Howdens, Finley Structures, Ion Precision and PWS Distributor
  • Rental income - £177,216 per Annum Exclusive

Description

Situation
Newton Aycliffe is a busy town in County Durham some 16 miles west of Middlesbrough and 28 miles south of Newcastle-upon-Tyne. The property is prominently situated on the north side of Whitworth Avenue, at its junction with Fulbeck Road, in an established popular industrial estate, within close proximity to the A1 (M) (Junction 59). Other occupiers on the industrial estate include 3M, Screwfix, Howdens, Finley Structures, Ion Precision and PWS Distributors.

Tenure
Long Leasehold. Held by way of two ground leases for a term of 989 years from 05/02/2013 at a peppercorn ground rent (TBC). The lease provides an option to purchase the Freehold for £100 after 31/12/2029.DescriptionThe property comprises four industrial units arranged on the ground floor, forming part of a larger Northlight building. The property has an approximate eaves height of 6.1 metres. The property benefits from having been re roofed in 2021.

VAT
TBC

Completion Period
Six Week Completion

EPC
The EPC's will be available to view online in the solicitor's legal pack.

For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website

Brochures

Western Portion of Langton Industrial Estate, Whitworth Avenue, Newton Aycliffe, County Durham, DL5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Heighington Station0.7 miles
  • Newton Aycliffe Station1.0 miles
  • Shildon Station3.1 miles

About Acuitus Limited, Acuitus

14 St. Christophers Place, London, W1U 1NH

Notes

These notes are private, only you can see them.

Disclaimer - Property reference NewtonAycliffeA12602. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Acuitus Limited, Acuitus on 020 7870 2773.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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