Asking Price £2250000

GENERAL
The Forge comprises a former manufacturing facility, more recently used for storage, providing open plan warehousing, two-storey ancillary accommodation and staff amenities situated on a generous site of 8.70 acres (3.52 hectares) with further expansion land extending to 4.11 Acres (1.66 HA) available by separate negotiation.

The property benefits from the following specification:

WAREHOUSE
3 bays with clear internal heights from 5.6 m to 8.5 m
High bay halogen / LED lighting
Dedicated service yard to rear
Loading yard to eastern elevation
7 no. ground level loading doors (of varying sizes)
1 no. dock level loading door
All mains services
Substantial power supply
Sprinkler system

ANCILLARY OFFICE ACCOMMODATION / AMENITIES
Two storey ancillary accommodation, changing rooms, canteen and storage
Staff amenities including WC facilities
Powder coated aluminium double glazing

ENERGY PERFORMANCE
An EPC assessment has been undertaken and is pending.

RATEABLE VALUE
According to the Valuation Office Agency, the Rateable Value is £232,000 (effective (April 2023).

TERMS
The property within the red line boundary is available on a Freehold basis for offers in the region of £2,250,000.

The expansion land outlined in blue is available by way of separate negotiation.

VAT
All rents are quoted exclusive of VAT which will be charged at the prevailing rate.

The property is located off Davy Drive on the well established North West industrial Estate in Peterlee. The estate is bounded to the east by the A19 one of the region's key arterial routes providing access to Sunderland approximately 12 miles to the north and Middlesbrough circa 20 miles to the south.

The estate is well located for access to the regions' main ports with Port of Tyne circa 18 miles to the north and Teesport 25 miles to the south. The estate boasts a number of major occupiers across manufacturing and logistics sectors including Caterpillar, NSK Bearings, Brakes, Bristol Laboratories and ZF Automotive.