Harelaw Industrial Estate, North Road, Harelaw, County Durham

On the instruction of the Joint Administrators of Clayton Glass Limited, Hilco are pleased to offer the long leasehold interest for this substantial industrial opportunity within Harelaw Industrial Estate in Stanley, County Durham.

DESCRIPTION
The property comprises a substantial two-bay industrial and manufacturing facility extending to approximately 75,074 sq ft (6,974.56 sq m) GIA, situated on a site of approximately 2.17 acres (0.88 hectares).

The principal manufacturing accommodation is of steel portal frame construction beneath pitched roofs, with solid concrete floors and an approximate clear eaves height of 6.3 metres. Loading access is provided via electrically operated roller shutter doors to the eastern and western elevations.

The manufacturing accommodation has historically supported heavy industrial operations and includes six overhead gantry cranes, together with an engineering workshop and a small steel-framed mezzanine which previously supported modular office accommodation.

To the front elevation is a two-storey office building of masonry construction providing a mixture of open-plan and cellular office accommodation, reception, staff canteen, kitchenette and WC facilities. The offices benefit from suspended ceilings, air conditioning and gas-fired central heating.

Externally, the wider estate is approached through a shared secure gatehouse from North Road. The long leasehold interest benefits from rights to park up to 42 vehicles, together with circulation and servicing areas associated with the premises.

LOCATION
The property is situated within Harelaw Industrial Estate in Stanley, County Durham, approximately 8.9 miles south-west of Newcastle upon Tyne and 9.5 miles north-west of Durham. The immediate surrounding area is predominantly industrial in character, comprising a range of manufacturing, engineering, storage and distribution uses.

Harelaw Industrial Estate is accessed from North Road and benefits from convenient access to the regional road network. The A693 is located approximately 3.2 miles to the east and provides access to the A1(M) at Junction 63, approximately 8.7 miles from the property. The A1(M) provides onward access to Newcastle upon Tyne, Durham and the wider regional and national motorway network.

The estate is an established employment location with occupiers including Dyer Engineering, Revolution Padel and Con-Mech Engineers.

KEY INFORMATION
· Total GIA of approximately 75,074 sq ft (6,975 sq m)

· Site area of approximately 2.17 acres (0.88 hectares)

· Approximate clear eaves height of 6.3m

· Six overhead gantry cranes

· Parking rights for up to 42 vehicles

· Long leasehold – approximately 92 years unexpired (peppercorn rent)

· Offers in excess of £950,000