Industrial for sale in Millers Lane, Newcastle Upon Tyne NE16, £150,000

150,000.00

Offer Nr.:
65380419
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Frew Pain & Partners
Phone(s):
0191 686 9887

**Location**
The subject property is located on Millers Lane, Swalwell.
The location offers excellent communication links to A1(M), which is circa 0. 5
miles away, via Market Lane.
The surrounding area offers a mixture of residential, commercial, retail and
leisure uses.
The exact location is shown on the attached plan.
**Description**
The site offers a self - contained secure depot / storage yard with a selection
of stone - built accommodation.
The yard is broadly rectangular in shape and is split level offering a single
point of access and egress onto Millers Lane. The yard is constructed from a
combination of tarmacadam and compacted hardcore and is currently used for the
storage and sale of aggregate.
The site could be used for a variety of other uses, subject to planning
permissions.
The buildings are mainly stone built with timber truss and slate roof over.
They offer basic storage accommodation with ancillary offices.
To the rear is an open storage shed of timber and slate roof construction with
an effective eaves height of 2. 4m.
In addition, on site there is an external raised vehicle inspection area along
with another timber open storage workshop area.
Externally, the site boundary is secured via fence, landscaping and existing
buildings.
**Accommodation**
From onsite measurements the premises provide the following Area (gia):
Stone Workshop / office area
108. 26 m2 (1, 165 sq ft)
Open store
67. 2 m2 (723 sq ft)
Open vehicle shed
39. 56 m2 (426 sq ft)
total site area:
0. 15HA (0. 33 acre) or thereabouts.
**Services**
It is understood the site benefits from mains electric (single phase), water
and a single surface drain.
(All interested parties should check with the relevant service providers. )
**Business rates**
It is understood the from the voa Website the site and property is assessed as
follows:
Rv £5, 500
(All interested parties contact the Local Authority to confirm these figures. )
**Tenure**
Freehold
(Title Number: Ty 491549).
**Price**
Our client is seeking unconditional freehold offers in the region of £150, 000
(one hundred and fifty thousand pounds) – Subject to Contract.
(The site may be sold with a development clawback provision. )
**Energy performance certificate**
Full details upon request.
**VAT**
We understand VAT will not be chargeable on the sale.
**Money laundering**
In accordance with anti - money laundering Regulations, two forms of
identification and confirmation of the source of funding will be required from
the successful purchaser.
**Legal costs**
The Purchaser will be responsible for the Vendors reasonable legal costs in
connection with any transaction.
**Viewing**
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Tel: Email:
August 2023

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