Guide Rent £40,000 Per Year
Industrial Land at Lemington
▪ Secure compound suitable for a recycling facility, storage facility or distribution centre subject to planning ▪ Excellent links to A1, A69 and Newcastle City Centre ▪ Flexible Lease Terms available
Lemington is located on the north bank of the River Tyne, approximately 4 miles west of Newcastle City Centre. Lemington is a predominantly industrial area with a strong industrial heritage. The property is situated to the south of Asda Lemington Supermarket and to the east of Appollomax Ltd. It is ideally situated next to the A6085/A695 Scotswood Road, providing easy access to Newcastle City Centre and the A1 Western Bypass.
The site forms part of the former Tyne Iron Works site. It stretches across an area of 4.47 acres (1.8 hectares). The land is predominantly of hardcore surfacing with some vegetation. The site was previously occupied by the Lemington Power Station which has since been demolished. A derelict Grade ll listed building formerly utilised as the Tyne Iron Works Cottage is situated at the south of the site. The site may be suitable for a recycling facility, storage facility or distribution centre subject to planning consent being obtained. The Landlord would be willing to enter into an option agreement whilst awaiting a planning decision.
The site is accessed by a small service road leading directly from the A6085/A695 Scotswood Road.
Mains water and electricity supplies have been disconnected. Interested parties are advised to contact the relevant suppliers for further details on reconnection of these services.
The property is available to lease for £40,000 per annum. The lease term length is open to negotiation.
The Rateable Value of the property is £8,100. This is within the 2018/19 threshold for 100% small business rate relief.
All figures quoted are exclusive of VAT where chargeable.
Each party will be responsible for their own costs incurred.
Viewings are to be carried out by prior appointment with George F White only.
For further information, please contact either Victoria Huntley or James Carruthers on:
Telephone: 0191 605 3486 or 01388 529531
Email: firstname.lastname@example.org or email@example.com
Newcastle office: Arch 2, Westgate Road, Newcastle Upon Tyne, NE1 1SA
Telephone: 0191 284 7171
Wolsingham office: 8 Front Street, Wolsingham, Bishop Auckland, County Durham, DL13 3AA
Telephone: 01388 527966
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed.Â If there is any point, which is of particular importanceÂ professional verification should be sought.Â All dimensions/boundaries are approximate.Â The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order.Â Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website.Â These particulars do not constitute a contract or part of a contract.