SITUATION
Cramlington is a former New Town located approximately 8 miles from Newcastle upon Tyne. The industrial area if Cramlington is approximately 1 mile to the north west of the town centre.
Cramlington lies just of the A189, boasting direct transport links to the A19 which in turn leads to the A1.
DESCRIPTION
The unit comprises warehouse accommodation with glazed pedestrian entrances and insulated profile steel cladding to the external walls.
The unit has a small reception office area and WC facilities.
The unit benefits from a concrete service yard affording vehicular access to the unit by way of electric insulated sectional up and over loading doors.
The unit also has onsite car parking.
ACCOMMODATION
The accommodation comprises:-
Warehouse/Office/Storage379.4m² (4,083.8ft²)
(Ground floor only)
TERMS
The property is available by way of a new lease for a term of years to be agreed at a rental of £15,000 (Fifteen Thousand Pounds) per annum exclusive.
RATING ASSESSMENT
DescriptionRVEstimated Rates Payable
Factory and£19,500£8,931
Premises
We are advised that the rateable value of the premises as at 1 April 2010 is £19,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 45.8p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.