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Investment For Sale, View Logistics Ltd, Brenda Road, Hartlepool, Durham, TS25 1HT

£7,500,000

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Size

189,585

Tenure

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EPC

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Parking

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Primary use: Other
Other use(s): Light industrial

No floor / site plan

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Key features

Well specified, 'big box' industrial unit totalling 17,613.05 sq m (189,585 sq ft)
Well located logistics and distribution unit with good links to the North East and Yorkshire via the A19 / A1(M) in close proximity
Let on a 10 year straight lease w.e.f 13 January 2025 expiring 12 January 2035 - 9.25 years unexpired.
Let to View Logistics Limited & Guaranteed by Victoria PLC on two coterminous leases at a combined rent of £700,000 per annum
Rent review in year 5 linked to CPI with annual CPI increases thereafter (capped at 2%)
We are instructed to seek offers in excess of £7,500,000 reflecting a Net Initial Yield of 8.75% and a low capital value of £39.56 per sq ft

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Description

Industrial Investment For Sale - View Logistics, Park View Road East, Hartlepool.

The property is securely let at a headline rent of £700,000 per annum with c. 9.25 years unexpired on the lease.

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Additional information

Service charge: £0
Business rates: £0
Use class: Ask agent
Listed building: Ask agent

Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Brochure

Investment For Sale, View Logistics Ltd, Brenda Road, Hartlepool, Durham, TS25 1HT

NEAREST STATIONS

Seaton Carew Station

0.33 miles

Hartlepool Station

1.83 miles

Billingham Station

4.73 miles

About HTA REAL ESTATE LIMITED, Newcastle

HTA Real Estate are commercial property consultants based in the North East of England, specialising in industrial and logistics warehousing and land for sale or to let. From our base in Newcastle upon Tyne we cover Northumberland, Durham, Teesside and Tyne & Wear, including North Tyneside, Newcastle, Gateshead, Team Valley Trading Estate, South Tyneside, Washington and Sunderland.

We also provide investment and development advice along with assisting occupiers to acquire industrial and logistics properties and land in the North East region.

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Disclaimer - Property reference 1475FH. 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 HTA REAL ESTATE LIMITED, Newcastle. 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.

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Investment For Sale, View Logistics Ltd, Brenda Road, Hartlepool, Durham, TS25 1HT

189,585

Key features

Description

Brochure

Investment For Sale, View Logistics Ltd, Brenda Road, Hartlepool, Durham, TS25 1HT

About HTA REAL ESTATE LIMITED, Newcastle

Your search history

Investment For Sale, View Logistics Ltd, Brenda Road, Hartlepool, Durham, TS25 1HT

189,585

Key features

Description

About HTA REAL ESTATE LIMITED, Newcastle

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