Unit 1D, Hownsgill Industrial Park, Consett, Durham, DH8 7NU

Location

Hownsgill Industrial Estate is located just off the A692 conveniently close to the main Retail Park and Consett Town Centre. Consett is located on the A692 and is situated 15 mile south west of Newcastle upon Tyne and 14 miles north west of Durham. The Town benefits from good road communications being located between the A68 and A1(M) which between them provide access to Newcastle upon Tyne, Gateshead, Corbridge and Hexham to the north and Bishop Auckland and Darlington to the south.

Description

The property is an end of terrace warehouse of steel portal frame construction with clad elevations. internally the warehouse space benefits from concrete flooring and high bay lighting along with two electrically operated roller shutter doors which provide access to the external shared service yard to the rear.

The property also contains ground and first floor office space along with a small storage mezzanine along with amenities which including w.c's and a kitchenette. Staff and visitor parking is available to the front of the property.

Tenure Comments

The unit is available by way of a new FRI lease for a term of years to be agreed.

EPC

The unit has a rating of D(83).

Rateable Value


The April 2023 value is £39,000 and the property is described as workshop and premises.

Rent

Year 1 - £60,296.50 plus VAT per annum exclusive
Year 2 - £64,517.26 plus VAT per annum exclusive
Year 3 - £69,033.46 plus VAT per annum exclusvie

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.