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
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.
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.
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.
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