The property comprises a self-contained, detached unit of steel portal frame construction with brick and cladding elevations. The unit provides a clear warehouse space as well as office/welfare facilities. The office/welfare facilities include a boardroom, w/c, kitchen/breakout space A/C, suspended ceiling and LED lights. The main warehouse has good ridge height of 8.2m, 3 phase power and reinforced concrete floor. The property also benefits from mains gas supply and a large secure yard
LOCATION
The property is located just to the north of Ferryhill which is a small town in County Durham. Ferryhill is located 8 miles from Durham, 14 miles from Darlington and 26 miles south of Newcastle upon Tyne. Ferryhill is strategically located with access to the A1(M) only 3 miles to the east via the A167.
The unit is situated on Dean and Chapter Industrial Estate, on the north side of Ferryhill and 2.5 miles south of the Amazon depot at the Integra 61 site. Dean & Chapter is home to a variety of businesses including manufacturing, warehousing, service industries and logistics. The estate benefits from ample parking and is in close proximity to local services in Ferryhill.
ACCOMMODATION
The property has the below approximate GIA:
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
Rateable Value | £ |
Unit 6 | 23,000 |
The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound.
ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of C(70).
TERMS
The property is available by way of a new full repairing and insuring lease at an annual rent of £35,000 per annum. All other terms are to be agreed by negotiation.
VAT
All costs are quoted exclusive of VAT where chargeable.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.