7 miles east of Newcastle City Centre, close to A19/A1058 Coast Road=
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- Jerome Wade
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1 To Let Victor Products Premises, New York Way, New York Industrial Estate, Shiremoor Modern Factory Unit with attractive two storey offices Available either as a whole or in part Unit size from 4,062 m² (43,727 sqft) to 6,744 m² (72,595 sq.ft). Excellent loading facilities with dedicated yard area 7 miles east of Newcastle City Centre, close to A19/A1058 Coast Road MNVNOONOONN nì~óëáçéeçìëéinì~óëáçéikéïå~ëíäéìéçåqóåéikbnpau lîéêommçññáåéëïçêäçïáçé
2 Situation The New York Industrial Estate is situated in the Silverlink area of Shiremoor close to the Atmel Semi Conductor Factory and also the Cobalt Office Park. The estate lies approximately half a mile from the main Silverlink Intersection being the junction of the A19 and the A1058 giving access to the Tyne Tunnel entrance (1 mile south) and Newcastle City Centre (7 miles west). Description The premises comprise a detached steel portal framed factory unit constructed in 1997 which is fronted by a two storey office block. The main factory area has an internal clear height of 6 metres and reinforced concrete floors throughout. The external walls are of brickwork and insulated profile steel cladding and the roof is double pitched and also of insulated profile steel sheet construction, incorporating double skin translucent rooflights to approximately 10% of the roof area. The office block is predominantly of cavity brickwork construction with double glazed windows and an insulated profile steel sheet roof. Internally, it is divided up to provide a series of private and general offices together with Male & Female WC accommodation. The offices have suspended ceilings throughout, carpeted floors and painted, plaster walls. Externally, the property benefits from two yard areas, one of which will be retained by Victor Products in the event of a letting of part of the building, the other being exclusively available for the new tenant. On-site car parking is provided to the front of the main office area and a much large car parking area to the south of the factory. Services The property benefits from all mains services including a 750 KVA three phase electricity supply served by an on-site sub-station. Lighting to the premises is by way of fluorescent strips to the office area and low bay sodium units to the factory area. Heating to the offices is by way of a low pressure gas fired boiler serving panel radiators and the factory area is heated by way of gas fired recirculating warm air blower units. Following the sub-division of the building, the ingoing tenant will be provided with submetered supplies of all services although heating costs for the offices will be shared through a service charge. Accommodation Our clients are able to offer either the whole building and site or alternatively half of the office and ancillary accommodation and approximately 60% of the factory space. Two Storey Offices/WC s: Factory Area: Detached Store: Total Rating 1,224 m² (13,185 sqft) 5,388 m² (57,997 sqft) 131 m² (1,414 sq.ft) 6,744m² (72,595 sqft) The premises are currently assessed at Rateable Value 232,000 and the rates payable for the financial year 2007/08 are 103,008. Lease Terms The premises are held on a 20 year fully repairing and insuring lease from 18 July The passing rent is 337,800 pa and it is subject to review every 5 th year of the term. Terms & Conditions The property is available to let either as a whole by way of an assignment of our client s lease or on an under-letting for a shorter term. Alternatively the client will under-let part of the premises as described above by way of a new fully repairing and insuring lease for a term of years to be agreed at a rental rate of 4.75 per sqft per annum, exclusive. In the event of an underletting of part there will be a service charge payable by the tenant to cover maintenance and upkeep of the external common parts, lighting and in the case of the office block, the heating and electrical costs.
3 Legal Costs The ingoing tenant is to be responsible for the landlord s costs in connection with the preparation and execution of the lease. VAT All prices and rents are quoted exclusive of Value Added Tax (VAT) which will be charged on any rental or sale figures. Viewing Please contact our office for a convenient appointment to view or for further information regarding the premises. January 2008 Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice. Knight Frank LLP is a limited liability partnership registered in England with registered number OC Our registered office is 20 Hanover Square, London W1S 1HZ, where you may look at a list of members' names.
4 Surplus Factory Area - Victor Products New York Industrial Park Shiremoor THE PROPERTY Crown Copyright All rights reserved. Licence number Plotted Scale - 1:9863 Victor Products 1 This plan is published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.
5 5 Surplus Factory Area - Victor Products New York Industrial Park Shiremoor El Sub Sta OAD NORTH Vacant Area NEW YORK WAY New York Industrial Park 6 Dalesman H Crown Copyright All rights reserved. Licence number Plotted Scale - 1:1250 S Victor Products This plan is published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.
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