First Ave 44,261 SF of Assignment Available in Gateshead NE11 0NU

ASSIGNMENT HIGHLIGHTS

  • This property is located within Team Valley Trading, the north easts premier commercial estate which covers more than 650,000 m2 of commercial space
  • This property boasts excellent access to public transportation, with Dunston Rail just a brief 5-minute drive away
  • 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

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground, Mezzanine
  • 44,261 SF
  • Negotiable
  • $5.11 /SF/YR
  • Industrial
  • Partial Build-Out
  • Now

The 2 spaces in this building must be leased together, for a total size of 44,261 SF (Contiguous Area):

Ground - 34,035 SF
Mezzanine - 10,226 SF

Tenure - Leasehold available on either an underlease until April 2027 or an assignment of the existing lease. Alternatively, the property may be available on a longer lease. Terms to be agreed.

  • Use Class: B2
  • Demised WC facilities
  • Industrial heating system
  • Secured yard at the rear.
  • Assignment space available from current tenant
  • Energy Performance Rating - B
  • 30 complimentary parking spots
Space Size Term Rental Rate Space Use Condition Available
Ground, Mezzanine 44,261 SF Negotiable $5.11 /SF/YR Industrial Partial Build-Out Now

Ground, Mezzanine

The 2 spaces in this building must be leased together, for a total size of 44,261 SF (Contiguous Area):

Size
Ground - 34,035 SF
Mezzanine - 10,226 SF
Term
Negotiable
Rental Rate
$5.11 /SF/YR
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

PROPERTY OVERVIEW

Description An industrial warehouse spanning 36,458 square feet, built with a steel portal frame structure, with part brickwork and cladding elevations. Its roof is characterized by a profile double-pitched clad design. The warehouse provides 30 complimentary parking spots, industrial heating system and a secured yard at the rear. Tenure - Leasehold available on either an underlease until April 2027 or an assignment of the existing lease. Alternatively, the property may be available on a longer lease. Terms to be agreed.

WAREHOUSE FACILITY FACTS

Building Size
44,261 SF
Lot Size
1.33 AC
Year Built
1990
Construction
Steel
Water
City
Sewer
City

FEATURES AND AMENITIES

  • Energy Performance Rating - B
  • Listing ID: 31386503

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: First Ave, Gateshead NE11 0NU