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Foster Court, Team Valley Trading Estate, Gateshead, Tyne and Wear, NE11 0NH

POA
Knight Frank, Newcastle - Commercial
SIZE AVAILABLE

5,416 sq ft

503 sq m

SECTOR

Distribution warehouse to lease

Lease details

Lease available date:
Ask agent

Description

Quoting Rent £47400.00

GENERAL
Unit 309A forms part of a terrace of 3 units and benefits from the following specification:
Steel portal frame construction
Blockwork to dado level
Insulated steel cladding and roof
5.4m clear internal height
1 electrical sectional loading door
Shared service area
Reception, office and WC facilities
Concrete mezzanine
LED lighting
3 phase electricity and gas provision

ENERGY PERFORMANCE
The property currently has an Energy Performance Asset Rating of C63.

RATEABLE VALUE
According to the Valuation Office Agency website ( Unit 309A has a Rateable Value (RV) of £29,000.

TERMS
The unit is offered to let on new internal repairing and insuring lease terms each at a rent of £47,400 per annum.
A maintenance rent is levied to cover the cost of external repairs and shared areas. This is currently circa £4,603 and reviewed on an annual basis.

VAT
All rents are quoted exclusive of Value Added Tax which will be charged on all rentals and service charges.


Team Valley Trading 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.
Foster Court is situated centrally on Team Valley with access from Dukesway, one of the main arterial routes running the length of Team Valley as well as Princesway South.
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 with Newcastle International Airport 12 miles to the north.
Foster Court boasts a range of trade related occupiers including Dulux Decorator Centre and Edmundson Electrical.

Energy Performance Certificates

309A Foster Court EP

Brochures

Foster Court, Team Valley Trading Estate, Gateshead, Tyne and Wear, NE11 0NH

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dunston Station1.6 miles
  • Gateshead Stadium Tram Stop2.4 miles
  • Felling Metro Station2.6 miles

About Knight Frank, Newcastle - Commercial

St Anns Quay, 124 Quayside, Newcastle Upon Tyne, NE1 3BD

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference NCC012427107. 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 Knight Frank, Newcastle - Commercial. 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.

Map data ©OpenStreetMap contributors.

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