Industrial to let in Pease Road, Peterlee SR8, £17,183 pa

17,183.00 per month

Offer Nr.:
66325643
Type of ad:
to Rent
Property type:
Industrial to let
Contact name:
Frew Pain & Partners
Phone(s):
0191 686 9887

**Location**
The property and site are located on Davy Drive, North West Industrial Estate,
Peterlee.
The estate is located near the main A19 trunk road and offers excellent
communication links both North and South.
The surrounding estate is mainly industrial offering a mixed selection of
warehouse and manufacturing units, of varying sizes.
The exact location is shown on the attached plan.
**Description**
The subject property offers an end terrace workshop / warehouse set within a
larger industrial estate.
The subject property is of steel portal frame design with brick and blockwork
infill walls and flat metal sheet / felted roof over.
Internally the property offers an effective eaves height of 3. 8m rising to
4. 2m, concrete floors and LED lights.
There are a small selection of offices / reception and WC facilities located
to the front of the unit.
Vehicular access to the accommodation is via a single steel automatic security
shutter.
Externally there is a communal parking and yard.
**Accommodation**
From onsite measurements the following areas have been calculated:
Workshop 295. 61 m2
(Inc Office / WC facilities)
total gia 295. 61 M2
(3, 182 sq ft)
**Services**
The property benefits from all mains services.
It is recommended that all interested parties contact the local service
providers to ensure that the services are installed and operational.
**Business rates**
We understand from the Local Rating Authority that the premises have been
assessed at:
Rv £12, 500
(It is recommended that all interested parties contact the Local Authority to
confirm rv figures. )
**Tenure**
The property is available by way of new Full Repairing and Insuring lease for
a term of years to be agreed.
**Service charge**
A nominal service charge is payable for the up keep and maintenance of common
areas.
**Rent**
Our client is seeking a rental in the region of £17, 183 pa.
A rent bond of 3 months will be payable and held for the duration of the
lease.
Incentives may be available subject covenant and lease term.
**Energy performance certificate**
C – 71
Full details upon request.
**VAT**
VAT will be chargeable at the prevailing rate.
**Legal costs**
The ingoing tenant will be responsible for the landlords’ reasonable legal
costs in connection with any transaction.
**Viewing**
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
Dec 2023

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