Units 1-3, Whiteley Road, NE21
- SIZE AVAILABLE
81,000 sq ft
7,525 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution
B1, B2, B8
Key features
- Desirable Freehold/Long Leasehold Industrial Asset
- Sold with Vacant Possession
- Significant Asset Management Opportunities
- Established Industrial Location
Description
In a regional context, Blaydon forms part of the wider Tyneside area in northeast England, which also includes Newcastle, Gateshead, North and South Shields, and Sunderland. The property lies approximately 5 miles west of Newcastle city centre, and 15 miles northwest of Sunderland. Carlisle is located around 55 miles to the west, while Middlesbrough is approximately 40 miles to the south.
The property is situated within an established industrial district bounded by the River Tyne to the north and west, the A1 to the east, and Blaydon Highway to the south. The A1 is the nearest major arterial route, with access just 1.3 miles to the south. The A1 intersects with the A69 around 2 miles to the north, providing direct access westward towards Carlisle. The A1(M) is also accessible via the A1, approximately 11 miles to the south.
The Port of Tyne is located less than 10 miles to the east, and Newcastle International Airport is situated approximately 7 miles to the east.
Description
The subject property is a triangular shaped site comprising three detached industrial units. We calculate the total site area to be approximately 1.68 hectares (4.15 acres).
Unit 1 is the largest of the three units and is situated within the northern extent of the site. The property provides predominately open warehouse accommodation with two-storey offices to the front. The unit benefits from a secure yard to the north with dedicated access from Dunne Road. Further car parking is located along the western elevation with access from Whiteley Road.
The property is of steel frame construction with low level brick/blockwork to the external elevations with profile metal cladding above, all under a shallow pitched roof. The office area to the front is fully glazed. The property benefits from a minimum internal eaves height of 4.9m.
Units 2 and 2A are adjoining and positioned immediately to the south of Unit 1. The units benefit from access from both Whiteley Road and Dunne Road. The units are of similar construction to Unit 1. The property benefits from areas of hard standing/car parking around its perimeter with loading door access along the northern elevation.
Internally the property predominantly provides warehouse space which is split internally to provide five areas of various production and workshop space. There is additional research and development space over both ground and first floor. Minimum eaves height of 4.35m.
Unit 3 is located to the west of Units 2 and 2A. The unit previously comprised several adjoining but separated workshop units whose various titles have been acquired and combined. The property now presents as a single unit. There is parking along the northern and eastern elevation with a small yard area to the west. Loading doors are positioned on each end of the building. The property is of similar construction to the other units.
Internally the property provides largely open plan warehouse space previously used for production and storage. Minimum eaves height of 4.43m.
Tenure
Units 2 & 2A and Unit 3 are held freehold by way of numerous freehold titles. Unit 1 is held by way of a long leasehold interest (999 years from November 2001 at a peppercorn rent).
Further title information can be provided upon request.
Tenancy
Vacant possession will be provided upon sale completion.
EPC
Available upon request.
Planning
Interested parties are asked to make their own enquiries of the relevant Local Authority.
Business Rates
We understand that the property has a rateable value of £302,500. Interested parties should confirm any rating matters directly with the Valuation Office Agency (VOA).
Legal Fees
Each party to be responsible for their own legal fees incurred in any transaction
Viewing and Further Information
Viewings by appointment. Please contact Gordon Brothers, details provided overleaf.
Anti-Money Laundering
To comply with our legal responsibilities for Anti-Money Laundering, it will be necessary for the successful bidder to provide information necessary to complete these checks before the deal is exchanged.
Information will include;
- Corporate structure and ownership details.
- Identification and verification of ultimate beneficial owners.
- Satisfactory proof of the source of funds for the buyers and funders.
Process and Price
For sale by private treaty. Guide price of £4,000,000
Brochures
Units 1-3, Whiteley Road, NE21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Blaydon Station0.4 miles
- MetroCentre Station1.6 miles
- Dunston Station2.7 miles
Notes
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