Light industrial To Let

Key Details

Property Description

LOCATION The subject property is located in Spennymoor, just a short drive from the A1(M), which provides access to the north and south. Spennymoor lies within County Durham with Durham located 6 miles to the north and Darlington 16 miles to the south.

DESCRIPTION The property comprises an industrial / warehouse unit of steel frame construction with a small office and w/c located within the unit. The warehouse is accessed via an electric roller shutter door or via a single door which gains access to the office and w/c area of the unit. There are concrete floors throughout as well as a dedicated loading area.

Merrington Lane benefits from secure perimeter fencing, external CCTV, and an electric gate. The property also benefits from car parking, externally.

ACCOMMODATION Total Floor Area 1,646.80 m² 17,726 ft2

Description RV Estimated Rates Payable Warehouse & Premises �18,250 �9,106.75

We are advised that the rateable value of the premises as at 1 April 2017 is �18,250 and we have estimated the accrual rates payable for the current year above. 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.

TERMS The property is available for immediate occupation by way of a new lease for �62,041 per annum. Lease terms to be agreed.

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.

LEGAL COSTS Each party is to bear their own legal costs involved in the transaction.

MONEY LAUNDERING REGULATIONS In accordance with the 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 Joseph I'anson or Marc Pickering at Bradley Hall.

Tel: 0191 232 8080 Email: joseph.ianson@bradleyhall.co.uk Marc.pickering@bradleyhall.co.uk

• Location