321I Mayoral Way, Team Valley Trading Estate, Gateshead, Tyne And Wear, NE11
AVAILABLE WITH VACANT POSSESSION
EXCELLENT STARTER UNIT
CURRENTLY FITTED AS A SHOWROOM WITH STORES
POPULAR LOCATION
Duncan Christie
Interested in this property?
Please contact me
Jake Smith
Interested in this property?
Please contact me
Location
The estate lies approximately 4.5 miles south of the Newcastle/Gateshead conurbation and has direct access onto the A1 trunk road linking the North and Scotland with the Midlands and South.
The Estate is a major commercial centre providing in excess of 650,000 m of commercial accommodation and home to a number of major national occupiers.
Mayoral Way is a development of 41 small units located off Marquis Way and Tenth Avenue West, which is a main thoroughfare towards Retail World where major occupiers include Next, Marks & Spencer and Dunelm.
Description
The property is a mid-terraced unit of steel portal frame construction with brickwork walls and profile sheet cladding with translucent roof panels incorporated within the roof. The warehouse space benefits from concrete flooring, and a roller shutter door measuring 2.8m (wide) x 2.8m (high). The unit also includes W.C / kitchenette facilities and 3-phase electricity.
Car parking is available within a central courtyard to the front of the property.
The unit is currently fitted as a showroom with ancillary stores and mezzanine. This could be stripped by a buyer if they require industrial space.
Terms
The property is available on a long leasehold basis for a term of 125 years from 1988. The present ground rent is £919.80 per annum.
