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UNDER OFFER

Land on Regents Drive, Low Prudhoe Industrial Estate, Prudhoe, Northumberland NE42

£175,000

Business rates & charges may apply

Knight Frank, Newcastle - Commercial
SIZE

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SECTOR

Distribution warehouse for sale

Key features

  • 0.75 acres

Description

Offers in excess of £175000

Regents Drive is a well-established modern estate boasting leading companies including OpenWorksEngineering, Salem Tube International, GMS and Norseal. Global hygiene product manufacturer Essity is located on the neighbouring estate.

The area surrounding the A695 Regents Drive roundabout has seen significant recent development with the opening of Tyne View Retail Park which accommodates Aldi, B&M Garden Centre, as well as fast food outlets including McDonalds and Greggs.


Regents Drive on Low Prudhoe Industrial Estate is situated 1.5 miles from Prudhoe Town Centre, approximately 6 miles west of Blaydon and 12 miles
west of Newcastle upon Tyne City Centre.

The estate is accessed immediately from the A695 which is the main arterial route linking conurbations to the south of the River Tyne to Newcastle / Gateshead. Public transport is available with a bus stop at Tyne Valley View Retail Park less than a 3 minute walk from the estate as well as a local rail service connecting Newcastle upon Tyne with Carlisle which stops at Prudhoe.

The available site extends to circa 0.75 acre (0.304 ha) and is flat, rectangular in shape with the potential for access from 3 sides. It is situated adjacent to a asubstation and utilities run throughout the estate.

The site is held on a Freehold basis under Title No ND110532. The title will be split on sale of the subject land.

Low Prudhoe Industrial Estate is designated a Key Employment Area within the Northumberland Local Plan Adopted March 2022.

Offers are sought at the asking price of £175,000.The purchaser will also cover the vendor's legal costs. VAT & SDLT will be payable on theproperty at the prevailing rates.

The purchaser or lessee will be required to provide company and/or identity information to satisfy the requirements of The Money Laundering and Terrorist Financing (Amendment) Regulations 2022. For further information please visit

Brochures

Land on Regents Drive, Low Prudhoe Industrial Estate, Prudhoe, Northumberland NE42

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Prudhoe Station1.2 miles
  • Stocksfield Station3.6 miles
  • Blaydon Station4.9 miles

About Knight Frank, Newcastle - Commercial

St Anns Quay, 124 Quayside, Newcastle Upon Tyne, NE1 3BD

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

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