For Sale Edgefield Avenue, Fawdon NE3 3TS Edgefield Avenue Industrial unit on large site (3.25 acres) with potential for expansion or redevelopment (subject to planning) • Detached steel frame warehouse of 3,165 m² (34,074 sq ft) • Capable of subdivision • Office accommodation & staff welfare facilities • Close proximity to and Fawdon Metro station • Expansion land of circa 0.56 HA (1.4 acres) • Freehold • Total Site area of 1.332HA (3.25 acres) • Price: £1.55 million • High power supply

Location • Extension providing staff changing / amenity facilities The property fronts onto Edgefield Avenue within the Fawdon • Loading bay – clear internal height of 5.3 m area of Newcastle upon Tyne, situated approximately 4 miles • Large power supply – dedicated 1,250kVA transformer to the north east of . • External service area to rear Access to the A1, the region’s main trunk road, is circa 1 mile to the • Dedicated Car park north accessed via Fawdon Lane and Road. • Expansion land

The site also benefits from exceptional access to public transport Alongside industrial uses, the location and size of the site offer with Fawdon Metro Station being located immediately adjacent. opportunities for redevelopment for alternative uses such as The site is in a largely residential area however there are several residential, retail or leisure subject to planning. industrial users located on Edgefield Avenue including Accord Healthcare and Nestle. An Aldi food store is situated immediately Accommodation adjacent to the subject property. The property provides the following accommodation measured Please refer to the attached plans for more detailed directions. on a gross internal area basis in accordance with the RICS Code of Measuring Practice (6th Ed.). Description Description m² sq ft The property is understood to date back to the 1960s/70s with Warehouse area (GIA) 2,202.55 23,708 later extensions and benefits from the following specification: Loading bay 485.29 5,224 • Steel frame construction • Metal deck roof with mineral felt covering Amenity block 127.72 1,375 • Concrete floor throughout First floor office & amenities 349.99 3,767 • Clear internal height (CIH) – 7 m Total 3,165.55 34,074 • Sprinkler system • Ground floor ancillary stores / fabrication rooms Surplus Land 0.565 HA 1.40 Acres • First floor offices, canteen & staff amenities Total site area 1.332 HA 3.25 Acres Rateable Value

The property has a Rateable Value of £68,000. Please visit the Valuation Office Agency website (www.voa.gov.uk) for further information.

Tenure

Our client holds the property on a Freehold basis.

Energy Performance

The property has an energy performance asset rating of E125. Further information is available upon request.

Terms

Offers are sought in the region of £1.55 million for our client’s freehold interest (subject to contract).

VAT

All prices, rents and service charges are subject to VAT.

Viewing

Strictly by appointment through agents.

Mark Proudlock Knight Frank LLP Tel: 0191 5945019 M: 07766 968891 E: [email protected]

Simon Haggie Knight Frank LLP Tel: 0191 5945009 M: 07798570603 E: [email protected]

Jonathan Sykes Property Consultants Tel: 0191 466 1076 M: 07767 240821 E: [email protected] Knightfrank.co.uk [email protected] [email protected] 3BD NE1 Tyne, upon Newcastle 124 Quayside, Quay, Ann’s St 2211 0191 221 125

sykesproperty.co.uk [email protected] 3NG NE1 Tyne, upon Newcastle Clavering House, Clavering Place, 1076 0191 466 not guaranteedanditisexpressly excludedfrom anycontract.NOT TOSCALE. This PlanispublishedfortheconvenienceofPurchasers only. Itsaccuracyis Controller ofH.M.StationeryOffice.Crown Copyright reserved. (ES763454). This Plan is based upon the Ordnance Survey Map with the sanction of the

OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. members’ of list at a look may you where W1U 8AN, London, Street, Baker 55 is office registered Our number OC305934. registered with in registered partnership liability alimited is LLP 2017. Frank Knight December dated 2019. Photographs January dated Particulars only. appointment by Viewing notice. without change may property the to relating VAT:VAT 4. position The correct. is information all that and with dealt properly been have matters these that ways other in or find must inspection by out lessee or Abuyer obtained. been has consent other or regulations building planning, necessary any that mean not does property the of part any of, use or to, alterations to reference Any etc: Regulations 3. only. approximate are given distances and measurements Areas, taken. were they time the at appeared they as property the of parts certain only 2. Photos show photographs The lessor(s). or etc: seller(s) agents, the of part the on responsibility without entirely is given information any accordingly property, and the about representations any make to authority any has agent joint any nor LLP Frank Knight Neither its value. its or property, the condition about accurate factually being as (“information”) writing in or mouth of word by or particulars by the in LLP Frank statements on Knight rely not You should one. of part nor contract, or offer an not are particulars These 1. Particulars: Notice Important not guaranteedanditisexpressly excludedfrom anycontract.NOT TOSCALE. This PlanispublishedfortheconvenienceofPurchasers only. Itsaccuracyis Controller ofH.M.StationeryOffice.Crown Copyright reserved. (ES763454). This Plan is based upon the Ordnance Survey Map with the sanction of the

Printed and produced by 01508 557777 | [email protected]