Planet Place, Killingworth, Newcastle Upon Tyne Location the Premises Are Located on Planet Place on Stephenson Industrial Estate in Killingworth

For Sale

Production unit with offices Planet Place Killingworth Newcastle upon Tyne NE12 6DY

February 2019

─ On behalf of Administrators KPMG

─ Extensive Production Facility

─ High Quality Offices

─ 62,489 sq ft (5,805 SQ M)

─ Rare Freehold Opportunity

─ Offers Invited

08449 02 03 04 avisonyoung.co.uk/14858 Planet Place, Killingworth, Newcastle upon Tyne Location The premises are located on Planet Place on Stephenson Industrial Estate in Killingworth. The estate is accessed from Great Lime Road and has good connectivity to the wider north east region via the A19 and A1(M). Killingworth lies within North Tyneside approximately 5 miles north east of Newcastle upon Tyne. The surrounding estate houses a mixture of industrial and office occupiers.

Description The site contains three adjacent buildings. The first is a two storey office block under a pitched profile clad roof. Internally the premises present to a high standard having recently been refurbished and provide a mixture of office, meeting rooms, kitchen and staff amenity areas. Externally there is car parking to the front of the premises and a secure palisade car park/storage area to the rear.

Adjacent is a production facility which has been Tenure extended over the years to provide a mixture of The premises are available on a freehold basis. accommodation. To the front there is a two storey Offers are invited for our clients freehold office block which has recently undergone interest. refurbishment to present to a good standard. Behind this are numerous interlinked bays providing production/manufacturing space leading onto a EPC storage area to the rear where there is also a further Further details of the EPC rating for the premises first floor workshop area. Access is provided via two are available on request up and over roller shutter doors to the front and a further two to the rear. Externally there is car parking Rateable Value to the front of the building and a yard area to the We understand that the property has a current rear. There is a further adjacent warehouse building rateable value of £129,000. We recommend which is currently unused. however that all interested parties make their own enquiries regarding the rateable values Accommodation applicable to the premises. According to our measurements and the information provided the premises comprise the following Legal Costs approximate areas: Each party to bear their own reasonable legal costs incurred in the transaction.

Description sq m sq ft VAT Office Block 777 8,362 All rents and figures quoted above are exclusive of VAT where chargeable. Main Production 3,828 41,210 Unit

Warehouse 1,200 12,917

Total GIA 5,805 62,489 For further information or an appointment please contact:

Danny Cramman 0191 269 0068 [email protected]

Avison Young 3rd April 2019 Instruction No: 15B900183 Central Square South, Orchard Street, Newcastle upon Tyne NE1 3AZ

1) Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or representations of fact but satisfy themselves of their correctness by inspection or otherwise. for the vendors lessors of this property whose agent Avison Young is )in this brochure is provided on the 4) No person in the employment of Avison Young, or any joint agents, has any authority to make or following conditions: give any representation or warranty whatsoever in relation to the property or properties in this 2) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or brochure. lessees and do not constitute an offer or contract, or part of an offer or contract. 5) All prices quoted are exclusive of VAT. 3) All descriptions, dimensions and references to this property’s condition and any necessary permission for 6) Avison Young shall have no liability whatsoever in relation to any documents contained within the use and occupation, and any other relevant details, are given in good faith and are believed to be brochure or any elements of the brochure which were prepared solely by third parties, and not by correct. However, any intending purchasers or tenants should not rely on them as statements or Avison Young.