Property ID : Unit 5 Wheatley Hill
For Rent - Available £7,200 Per Annum - Commercial, Industrial
£7,200+VAT Per Annum
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Workshop / Light Industrial Unit
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Extends to 97 sqm / 1050 sq. ft.
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Parking available to the front of unit
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Zero business rates subject to meeting qualification criteria
TO LET
Description
The unit is single storey and of steel portal frame construction with brick infill surmounted by profile metal sheet roofs. Access is provided via roller shutter doors and a secure front door.
Externally the property benefits from parking to the front of the units.
Location
The property is located in a prominent position on Wheatley Hill Industrial Estate, which is accessed via Front Street. Front Street is the main high street running through the village and is host to a number of local amenities.
Wheatley Hill is located 5 miles west of Peterlee and 6 miles west of the A19. The immediate area is characterised by a mix of occupiers including retail, restaurant, residential and industrial accommodation.
Accommodation
The total area of the property is 97 sqm/ 1050 sq. ft. The unit comprises of an open plan workshop and WC.
Services
The property has benefit of mains supplies of water and electricity in addition to mains drainage.
Energy Performance Certificate
Energy Performance Asset Rating 94 (Band D). Full Certificate and Rating are available upon request.
Terms
The premises are available to let by way of a new full repairing and insuring lease, exclusive of all rates, charges and other outgoings for a term to be agreed at a rental of £7,200 plus VAT per annum. The landlord reserves the right to request a rental deposit.
The estate is subject to a service charge to cover the repair, maintenance and management of the estate. The service charge is currently running at £0.98 + VAT per sq. ft.
Rating Assessment
£4,700 Obtained from the Valuation Office Agency (www.voa.gov.uk). The UBR for the period 2023/2024 is 51.2p in the pound. Rates payable are therefore £2,406.4 less any Small Business Relief or any other discounts, which might be applicable. Please contact your local authority for more information.
Contact Information
For further information and viewings please contact Greig Cavey Commercial Limited on 01429 275791 or e-mail enquiries@greigcavey.com