Industrial for sale in Trimdon Grange, Trimdon Station TS29

Location
Trimdon Grange is located at an equidistant point between the A19 and the A1M approximately 9.5 miles southeast of Durham and 4.5 miles north of Sedgefield. The industrial estate sits on the edge of the village and nearby occupiers include Dyno Plumbing & Heating, DLI Engineering, Lawson Animal Feeds and Northern Trusts Trimdon Grange Industrial Estate (immediately adjacent).
Description
The property is located at the entrance to the estate on a site of approximately 0.9 acres comprising an “L” shaped terrace looking onto a surfaced parking area with grassed expansion land to one side. The average headroom in the lower warehouse section is 4.25m increasing to 7.3m in the higher section. Heating is provided via an external oil-fired tank.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Workshop 1 1558 144.74

Workshop 2 1550 144.00

Workshop 3 1544 143.44

Mezzanine (360) 33.44

Workshops 4 & 5
(Workshop 4) 1574 146.22

Mezzanine (373) 34.65

(Workshop 5) 4109 381.73

The measurements of Workshop 5 are based upon the full floor footprint excluding the office section.
Total floor area 10,335 960.12

Tenure
The property is held by way of 125-year lease from Northern Trust Company Limited from 16 February 1990 (approximately 91 years unexpired) subject to a peppercorn rent.

Asking Price
Offers invited in the region of £450,000 (four hundred and fifty thousand pounds). Alternatively, our client may give consideration to leasing in whole or in part. Full details on request.

VAT

We are advised the property is not subject to VAT.

Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Mario Jaconelli or Alexa Reavley
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• Rateable Value (rv)
The Valuation Office has confirmed the Rateable Value is £41,250. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref DC1146 EPC Energy Rating 91/D