Properties
Tenure
Location
NORTHUMBRIAN ROADS, 5 DUKESWAY, LOW PRUDHOE INDUSTRIAL ESTATE, PRUDHOE, NE42 6PQ
The property comprises a detached steel framed industrial unit with brick an block infill. The roof is of profile sheet cladding whilst the windows are UPVC double glazed.
Internally the property is separated into two distinct sections with offices to the front along with staff welfare and kitchen facilities. To the rear of the unit is the workshop which benefits from a concrete floor and vehicle inspection pit. There is also s small mezzanine floor used as storage. Rear door electric roller shutter access leads on to the yard space which is of tarmac construction.
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LAND AT INVISTA SITE, WILTON, MIDDLESBROUGH, TS10 4RS
Commercial / industrial development opportunity located on the Invista Site at Wilton , Teesside. The site extends to 19-hectare / 47 acres and is currently allocated for employment and as such could be suitable for a variety of uses subject to relevant permissions.
We are inviting offers by no later than NOON on Wednesday 23rd October 2024
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UNIT 5 DRAKE COURT, RIVERSIDE PARK ESTATE, MIDDLESBROUGH, TS2 1RS
The property provides a terraced, industrial property of steel portal frame construction with block-work and cladding infill walls. The roof has the benefit of translucent roof light panels and extends to a minimum eaves height of 4.5m. The unit has separated pedestrian and vehicular access through a roller shutter. The unit also has their own dedicated parking and loading.
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Units 5B Harmire Enterprise Park, Barnard Castle, DL12 8BN
The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
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Units 30B Harmire Enterprise Park, Barnard Castle, DL12 8BN
The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
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Units 5E Harmire Enterprise Park, Barnard Castle, DL12 8BN
The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
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Units 4D Harmire Enterprise Park, Barnard Castle, DL12 8BN
The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
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Units 4C Harmire Enterprise Park, Barnard Castle, DL12 8BN
The unit forms part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
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INDUSTRIAL INVESTMENT – 1 Factory Road, Blaydon-on-Tyne, Newcastle, NE21 5SD
Total combined rent of £89,340 per annum with potential to increase the rent with Boyd Ductwork to around £4.34 psf at rent review in December 2024, which would provide a reversionary rent of approximately £106,000 per annum.
Offers in excess of £1,350,000 are invited for the freehold interest of the property. A sale at this level reflects a yield of 6.25% assuming standard purchasers costs of 6.02% and a reversionary yield of 7.41% assuming uplift to £106,000 per annum and standard purchasers costs. A sale at £1.35m reflects a very low capital value of only £62.41 psf.
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Industrial Investment – 8A & 8B Mickleton Road, Middlesbrough
Unit A let to Restore PLC at £40,000 pa until 2023
Restore PLC reported total turnover in excess of £176m
Total floor area of approximately 21,062 sq ft
Opportunity to add value by letting Unit B (ERV £32,000 pa)
Offers in excess of £730,000 reflecting a low capital value of
only £34.66 psf
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