Langton Business Centre, Aycliffe Industrial Estate, Newton Aycliffe, DL5 6HT
Industrial/Warehouse facility on prime industrial estate in North East England.
Close to major road network
Functional industrial space let out at low rents to two tenants.
Total GIA: 94,362 sq. ft.
Reversionary income with demand outstripping supply in this location.
Total passing income of £177,216 pa (£1.90 psf).
Seeking offers over £1.8m exc VAT.
Low capital value of £19.28 psf.
Chris Donabie
Interested in this property?
Please contact me
Fergus Laird
Interested in this property?
Please contact me
Location
Newton Aycliffe is a well located centre in the south of County Durham, adjacent to the A1(M) motorway.
The property is located on Aycliffe Business Park, less than 2 miles from Junction 59 of the A1(M) and therefore provides easy access to the major road network. Darlington is approximately 7 miles to the south and Newcastle upon Tyne 30 miles to the north.
The East Coast mainline runs near to the property with the nearest station being Darlington.
Aycliffe Business Park is one of the premier commercial estates in the North East, extending to 400 hectares and home to over 500 companies, employing over 10,000 people.
Key occupiers include Husqvarna, Gestamp Tallent, Hitachi Rail and Lidl.
Description
Langton Business Centre occupies a prominent location fronting onto Durham Way, with access off Birtree Road, Fulbeck Road and Whitworth Avenue.
The building comprises of industrial/ warehouse units with yard / loading areas.