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£350,000
Industrial Opportunity For Sale
LOCATION
The subject property is located on Watling Street Industrial Estate, Consett, which lies approximately 1.5 miles east of Consett and 13 miles west of Newcastle. Specifically, the premises lies on the junction of B6309 and Watling Street industrial estate with convenient links to the A693 which links to A1M. The area benefits from a reasonable level of services and facilities together with a mix of industrial units and office accommodation.
DESCRIPTION
The subject property is detached single storey industrial premises, very prominently located along Watling Street Industrial Estate, Consett, Durham. The premises consists of an extensive plantroom with additional office accommodation, mezzanine, kitchen and storage benefits from electric heating and a locked compound yard to the side
ACCOMMODATION
Floor M2 Ft2
Ground Floor 447.5 4,817
Mezzanine 173.6 1,869
Fenced Land 550 5,920
Total GIA 621 6,686
RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £15,500 and the estimated rates payable for the current year is £7,595. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
EPC RATINg
EPC Rating – D (95)
TERMS
Available by way of Freehold title at a price of £400,000 (Four Hundred Thousand Pounds).
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Michael McGhin on michael.mcghin@bradleyhall.co.uk or 0191 563 4242
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