For RentWarehouseUnverified

Detached unit with 3MVA dedicated power due for refurbishment

Unit 1 Didcot Way, Boldon Colliery, Tyne and Wear, NE35 9PD

Detached unit with 3MVA dedicated power due for refurbishment
Photos via Knight Frank - Mark Proudlock
Rent
£415,000 pa
Size
63,893 sq ft
Listed
16 days ago

Property Description

Unit 1 Didcot Way is a modern large detached unit pending full refurbishment which on completion will provide the following: OFFICE ACCOMMODATION High quality two-storey office accommodation New aluminium framed double glazing Open plan and modular office space Staff amenities including WCs and canteen area Gas central heating Dedicated staff car park PRODUCTION / WAREHOUSE Open plan warehousing / manufacturing space Eaves height: 6.3 m Minimum 3 loading doors (scope to add more) High bay LED lighting Dedicated yard High power supply – dedicated 3 MV* * 5 MVA dedicated supply is split between Units 1 & 5. 3MVA is dedicated to Unit 1 however if the occupier of Unit 5 does not have a high power requirement Unit 1 can be allocated a higher capacity. The unit will require reassessment following refurbishment. Based on other similar properties at Boldon Business Park it is anticipated it will have a Rateable Value of approximately £300,000 Prior to refurbishment the property has an Energy Performance Asset Rating of C62. It is expected to be improved during refurbishment and will be reassessed on completion of works. The unit is offered to let by way of a new full repairing and insuring lease for a term of years to be agreed at a rent of £415,000 pa.

Total annual occupancy cost

Estimate only — confirm exact figures with the agent.

Rent
£415,000
Total per year
£415,000
£34,583 / month≈ £6.50 / sq ft / year
Agent hasn’t listed rates or service charge — ask them below.
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Knight Frank - Mark Proudlock
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