Industrial to let in Unit 8, Merrington Lane Industrial Estate, Spennymoor DL16, £52,290 pa

52,290.00 per month

Offer Nr.:
64161606
Type of ad:
to Rent
Property type:
Industrial to let
Contact name:
Graham S Hall Chartered Surveyors
Phone(s):
0191 392 0630

* Unfurnished
* Approximately 1, 646. 80 sq m (17, 726 sq ft)
* Excellent Access to Junction 61 of the A1(M) via the A688, 1. 3 Miles to the East
* Office Block Incorporating WC & Kitchen Facilities
* Proposed Landlord Refurbishment (Details Available on Request)
* Utility Unit Cost Only 6. 94 kWh (Day) & 5. 64 kWh (Night), Until Nov 2025
* Minimum Eaves Height 5. 1m, Rising to 6. 0m at the Apex
* Large Electrically Operated Roller Shutter Door
* New efri Lease Available
* Rent From £52, 290 pax (£2. 95 psf)
**Location**
The premises are located approximately 1 - mile south of Spennymoor Town Centre
on the established Merrington Lane Industrial Estate.
Access is off the A688 which in turn provides excellent access to Junction 61
of the A1M. Durham City is approximately 6 miles to the north and Darlington
16 miles to the south.
Surrounding businesses include Thorn Lighting, ds Smith and Stiller
Warehousing & Distribution Ltd.
**Description**
The premises comprise a mid - terrace industrial unit of steel portal frame
construction with brick and blockwork walls with profile cladding above and
concrete floors throughout. We understand that 3phase electricity serves the
whole estate and that the property is connected to all mains services.
A large level access roller shutter door (3. 8m x 5. 2m) allows access from
extensive external circulation areas. Minimum height to eaves of 5. 1m, rising
to 6. 0m at the apex.
**Floor area**
Approximate gia - 1, 646. 80 sq m (17, 726 sq ft)
**Terms**
The property is available by way of a new efri lease, for a term of years to
be agreed. Rent from only £52, 290 pax (£2. 95 per sq ft).
The Landlord is willing to refurbish the property, prior to a new tenant
taking occupation, subject to agreeing appropriate lease terms and rent.
**Energy performance**
Awaiting EPC.
**VAT**
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
All offers are to be made to Graham S Hall upon this basis and where silent,
offers will be deemed net of VAT.
**Rating assessment**
We understand that the premises have a rateable value of £18, 250 and £18, 500
effective from 01st April 2023 however, it is recommended that any interested
party confirm the accuracy of this information and the rates payable with the
Local Authority.
**Legal costs**
Each party to be responsible for their own costs incurred in this transaction.
**Anti - money laundering regulations**
In accordance with anti - money laundering regulations, two forms of
identification and confirmation of the source of funding will be required from
the purchaser / tenant.
**Viewing**
For general enquiries and viewing arrangements please contact Graham S Hall
Chartered Surveyors.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: