Unit 320E, Mayoral Way, Team Valley Trading Estate, Gateshead, NE11 0RT
Size
1,967
Tenure
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EPC
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Parking
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- Primary use
- Light industrial
No floor / site plan
Key features
- Available now
- Well established estate
- Rare opportunity
- Excellent location close to regional motorway network
Description
The premises are situated on Team Valley Trading Estate three miles south of Newcastle upon Tyne city centre. The Estate covers an area of approximately 705 acres with in excess of 650,300m (7,000,000 sq ft) of business space. The unit is close to Team Valley Retail Park where occupiers include M&S, Halfords, Boots and Currys.
The property has excellent access to the west and south by way of the A1 dual-carriageway.
Newcastle International Airport lies approximately 10 miles north west of Team Valley with regular daily domestic, European and International departures.
Description
The property comprises a mid-terrace industrial unit of steel portal frame construction with block work and clad elevations set under a mono pitch steel profile sheet roof with circa 10% skylights.
Internally the property has been extensively fitted out to suit the seller's business including several cellular office spaces, an entrance lobby, along with a boardroom, workshop area and storage area with access from the main roller shutter door. To the rear of the property there is also a kitchenette and male/female WCs.
The warehouse is laid with concrete flooring and the majority of the property has a suspended ceiling with recessed fluorescent tube lighting. The workshop bay also has high bay fluorescent tube lighting. Minimum eaves height in the warehouse area is 4.72m at the haunch. The property also has a roller shutter door which is manually operated and measures 3.22m wide x 3.61m high. Externally the property has a concrete loading apron with additional space for customer and staff parking.
Tenure Comments
The unit is held by way of long leasehold for a term of 125 years from 25 December 1984.
Our client is seeking offers in the region of £180,000 exclusive for their long leasehold interest.
There is a current ground rent payable for the unit with the figure being £1,699.44 per annum exclusive.
Service Charge
There is a service charge payable with the figure currently being £1,251.76 exclusive per annum.
EPC
Please contact Naylors.
Rateable Value
The current rateable value of the unit (April 2026) is £14,250.
Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.
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- Business rates
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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Brochure
Unit 320E, Mayoral Way, Team Valley Trading Estate, Gateshead, NE11 0RT
About Naylors Gavin Black LLP, Newcastle Upon Tyne
We are Naylors - we bring Real Estate, Real Value - to the North East. We are the North East's largest independent commercial property consultancy based in Newcastle upon Tyne. We bring a fresh, dynamic approach to the property market striving to offer the best possible results for our clients.
With decades of market experience on our side, our advice is underpinned with a thorough understanding of the commercial property market from the inside out. Clients come to us for our knowledge and intuitive understanding of the region’s property sector, and we always deliver. Our solid reputation is built on the recommendation of happy clients.
You will find our straight forward, open and honest approach refreshing. Experts in our respective fields, we work together to provide a first-rate joined up service across all sectors and focus on building strong, lasting relationships with our clients. We are, above all, a people business – our client’s needs are of the first and utmost importance.
At Naylors we believe that people who are specialists give the best advice. That’s why our services are broken down into specific areas, with each service led by a senior Naylors expert. It’s this structure which allows us to offer a bespoke service providing solutions across all property types. Our services include Property investment, Industrial Agency, Office Agency, Building Consultancy, Asset & Facilities Management, Valuations & Lease Advisory, Rating and Development Consultancy.
We are regional market leaders poised for progressive growth, yet we are loyal to our roots. Based firmly in the North East, we are owned, managed and run from Newcastle, it’s our home, our passion and the place we know best.
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Disclaimer - Property reference 3429FH. 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 Naylors Gavin Black LLP, Newcastle Upon Tyne. 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.