Unit 22 Espley Close, North Tyne Industrial Estate, Newcastle upon Tyne, NE12 9SZ

Description
The premises a semi-detached warehouse with ancillary accommodation. Steel portal frame with brickwork up to dado level and cladding above. Newly fitted electrical level loading door. Customer front entrance and office accommodation.

Open plan warehouse that can be fitted with racking should the tenant require. Mezzanine above office accommodation with adequate capacity for further storage. Newly fitted LED lighting in the warehouse, as well as a new blower heater. 4 meter minimum eaves rising to 6.5m at the apex.

Location
North Tyne Industrial Estate is situated on the A191 Whitley Road immediately opposite Asda Benton, approximately 4 miles to the East of Newcastle city centre and within 1 mile of the A19 Tyne Tunnel approach road.

The estate boasts a wide range of occupiers including Screwfix, Travis Perkins, BLP, and Round the Twist across industrial, trade, distribution and leisure sectors.

Viewings
Viewings by appointment with Avison Young

Specifications
Warehouse with office accommodation
Dedicated parking and yard area
Electric level loading door
Newly fitted LED lighting
24 car parking spaces
Newly installed heater
Customer entrance

Tenure
The premises are available by way of an assignment of the existing FRI lease which expires on 20th June 2030. As the lease is inside the Landlord and Tenant Act 1954, the assignee will have security of tenure at lease expiry. Passing rent is £73,750 per annum, reflecting a modest £4.40 per sq ft.