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    Guide Price

    £8,000,000

    St Johns Road, Meadowfield

    PRIME SINGLE LET INDUSTRIAL INVESTMENT FOR SALE

    Key Features

    • Newly Refurbsihed Industrial Unit
    • Let to a Single Occupier - Pragmatic Semiconductor Limited
    • Annual Rent of £603,000
    • Lease Expiry: 31st January 2037

    Description

    The property is situated on St. John's Road within the Meadowfield Industrial Estate, located approximately 2.5 miles west of Durham city centre in County Durham, England.

    This industrial estate is situated near the village of Meadowfield and is accessible via the A690 and Browney Lane, providing convenient connections to Durham and the surrounding areas.

    Meadowfield Industrial Estate is a significant feature of the area, accommodating both local and national businesses. Notable occupants include Durham County Council, Yesss Electrical and the Banks Group.

    This high-specification industrial facility comprises a modern steel portal frame structure, recently recladded to enhance performance and aesthetics.

    The building offers a eaves height ranging from 5.6m to 11.6m, accommodating a variety of industrial uses and storage requirements.

    Key features include:
    Electrical capacity: 7 MVA – ideal for energy-intensive operations
    Loading access: 20 level loading doors, comprising 15 roller shutter doors and 5 high-speed doors
    Cranage: Equipped with cranes ranging from 2 to 10 tonnes, supporting heavy-duty lifting and logistics
    Site area: 15.8 acres
    Yard area: 11.6 acres – providing extensive external space for HGV access, storage, or additional operations
    EPC Rating: B (Score: 46) – energy-efficient and compliant with modern standard.

    Tenant: Pragmatic Semiconductor Limited
    Lease Length: 15 Years from the 1st February 2022
    Rent: £603,000 per annum
    Rent Review: RPI five yearly reviews
    Break:1st February 2032
    Size: 16,221 sq ft

    For more information or to book a viewing please contact Neil.Hart@bradleyhall.co.uk or William.Reavley@bradleyhall.co.uk

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