For SaleWarehouseUnverified

For Sale - Former Logistics / Manufacturing Facility on Well-Established Industrial Estate

The Forge, Davy Drive, North West Industrial Estate, Peterlee, Co Durham SR8 2PP

CommercialUK

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Price
£2,250,000
Size
102,999 sq ft
Tenure
freehold
Listed
Today

Property Description

GENERAL The Forge comprises a former manufacturing facility, more recently used for storage, providing open plan warehousing, two-storey ancillary accommodation and staff amenities situated on a generous site of 8.70 acres (3.52 hectares) with further expansion land extending to 4.11 Acres (1.66 HA) available by separate negotiation. The property benefits from the following specification: WAREHOUSE 3 bays with clear internal heights from 5.6 m to 8.5 m High bay halogen / LED lighting Dedicated service yard to rear Loading yard to eastern elevation 7 no. ground level loading doors (of varying sizes) 1 no. dock level loading door All mains services Substantial power supply Sprinkler system ANCILLARY OFFICE ACCOMMODATION / AMENITIES Two storey ancillary accommodation, changing rooms, canteen and storage Staff amenities including WC facilities Powder coated aluminium double glazing ENERGY PERFORMANCE An EPC assessment has been undertaken and is pending. RATEABLE VALUE According to the Valuation Office Agency, the Rateable Value is £232,000 (effective (April 2023). TERMS The property within the red line boundary is available on a Freehold basis for offers in the region of £2,250,000. The expansion land outlined in blue is available by way of separate negotiation. VAT All rents are quoted exclusive of VAT which will be charged at the prevailing rate.
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K
Knight Frank - Mark Proudlock

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