**Opportunity**
Bradley Hall is delighted to be appointed to market this prestigious business
park, located within Consett. The site is currently occupied on a multi let
basis, with over 65 different tenants, totalling an annual rental income of
£357, 156.
**Location**
The subject property is located within Derwentside, Consett, a district within
County Durham.
The property benefits from a roadside position, located just off the A692
directly linking the site with the A1, providing easy access to the cities of
Durham, Newcastle and beyond.
The property also lies within walking distance of Consett town centre, with a
range of local amenities at its disposal.
**Description**
The site totals approximately 5. 94 acres of land, and comprises a multi - let
business centre, offering high quality office space, light industrial
workshops, self - storage units and conference facilities.
There are asset management opportunities to maximise revenue due to low site
coverage, utility cost savings, building cost savings, lease re - gears and
further development potential for a variety of uses, both commercial or
residential.
Net Annual Rent after operation costs in the previous 12 months offers an
attractive return on investment with a net initial yield of 13. 74%.
**Accommodation**
The tenant mix comprises a multitude of uses. A schedule of accommodation and
rents is available upon request.
The building comprises 3, 432 m2 (37, 158 ft2).
Floor plans are also available on request.
**Tenure**
The site is sold freehold.
**Terms**
We are instructed to invite freehold offers in the region of £1, 100, 000 for
our clients freehold interest.
Our client does not have to accept the highest nor any offer submitted to the
agent.
**VAT**
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
All offers are to be made to Bradley Hall on 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.
**Anti - 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.

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