For Sale (May Let)

sw.co.uk

FOR SALE (MAY LET)

MGM House Newburn Bridge Road Newburn Newcastle upon Tyne NE15 8NR

• 5,470 sq m (58,879 sq ft)

• 0.97 hectare (2.42 acres)

• Large Manufacturing Unit

• Terrace of modern workshops

• Flexible accommodation

Description Location Description Continued The property is laid out as two virtually identical The subject unit is situated on the south bank of the Adjacent to the principal factory units is a modern industrial sheds running parallel to one another and River Tyne at Ryton, some 300m or so south of the terrace of workshops which provide 5 small self connected by an extended office interlink providing Newburn Bridge river crossing. Newcastle City Centre contained workshop units. Externally there is a yard single storey administration, staff and ancillary space. is approximately 7 miles to the east. area to the rear of the site situated in between the two The broadly rectangular shaped site which extends to main factory units. To the front of the site there is approximately 2.4 acres, is set at lower level than the ample on site car parking facilities. The whole site is The unit is sited on the periphery of the built up area front access road (Newburn Bridge Road) from which it bound by a good quality steel palisade security fence. and whilst through travel to the north is limited to the enjoys vehicular access via an electric security gate. weight and width restriction on Newburn Bridge, access onto the part duelled A695 Chainbridge Road to the Each of the factory units is constructed of steel framed south, which links with the A1 Western Bypass to the construction clad externally in a mix of brickwork, east, is no more than half a mile from the site. glazed panels and profile metal sheeting. Each unit has an eaves height of approximately 5.3m and is clad in pitched roofs of profile metal sheeting. A lantern skylight to the roof and glazed panels to the flank elevation provides natural light. Each factory unit has concrete slab floors incorporating overhead gas fired space heaters. Access to the bays is provided by up and over roller shutter doors.

The single storey mid section which connects the two production areas contains a reception area, a number of individual offices, boardroom, small kitchen, conference facilities, various stores and separate ladies and gents WC’s. A central corridor runs the length of this facility and directly connects the workshop space.

Accommodation Rates We recommend that interested parties contact the Local The property has the following approximate GIA:- Rating Authority directly to determine the exact rates payable. Description Sq M Sq Ft Energy Performance Certificate 5 Workshops 439 4,725 South Bay Factory 2,361 25,414 The Energy Performance Asset Rating is Band D (96). A full copy of the EPC is available for inspection if North Bay Factory 2,119 22,809 required. Interlinking Office Block 551 5,931 Total 5,470 58,879

Terms Legal Costs

The freehold interest is available at an asking price of Each party to bear their own legal costs incurred in the £1.8 million. Alternatively the property may be available sale transaction plus any VAT thereon. to let by way of a new effective Full Repairing and Insuring lease term. Money Laundering

Rental In accordance with Anti- Money Laundering Regulations two forms of identification and confirmation of the Rent on application. source of funding will be required for the successful purchaser. VAT

All figures mentioned above are deemed exclusive of VAT.

Viewings and Further Information

Strictly by prior appointment with the agents: Contact: Chris Dent Tel No: 0191 269 0104 Email: [email protected]

Contact: Robert Patterson Tel No: 0191 269 0105 Email: [email protected]

Sanderson Weatherall 22-24 Grey Street, Newcastle upon Tyne NE1 6AD

Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These particulars do not constitute any part of an offer or contract; 2) None of the statements contained in these particulars as to the properties are to be relied on as statements of representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars; 4) The vendor(s) or lessor(s) do not make or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any representation or warranty whatsoever in relation to this property; 5) None of the building’s services or service installations (whether these be the specific responsibility of the freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Misleading Marketing Regulations 2008; Every reasonable effort has been made by Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. Interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice.

Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL

February 2018