Light industrial to let in Tanfield Lea Industrial Estate North, Tanfield Lea, Stanley DH9

•Brand new industrial development

•Rent only £13,632 plus VAT per annum

•Option for multi-unit letting

•Allocated parking

•CCTV

Location
Willow Way Industrial Estate is situated on Greencroft Industrial Park in Stanley, County Durham. Business’ currently training in the area include Krazy Kingdom, Devine Chemicals, Allflex Livestock Intelligence and Greencroft Doggy Day Care.

Stanley is located 10 miles south of Newcastle upon Tyne and 9 miles north of Durham City centre. The population of Stanley is 19,427 (Census 2021) and the high street is located 3 miles east of the development.

The A68 which links Scotland to Darlington is situated only 6 miles east of the estate and the A1(M) is 8.5 miles away.

Description
Willow Way Industrial Estate is a brand-new development comprising of 14 industrial units ranging in size from 540 sq ft to 2,220 sq ft. Construction is now completed.

The units are of steel frame construction with cladding and brickwork to the external elevation, concrete floor, high bay LED lighting, W.C facilities and flood lighting to the front.

Access to the units is via pedestrian doors to the front, vehicle access is via an electric roller shutter. Allocated parking is to the front of each unit.

The site benefits from CCTV.

No motor trade uses will be permitted.

Accommodation
Measurements have been provided by our client representing the following net internal floor areas:

123.56 sq m (1330 sq ft)

terms
Each unit is available on flexible lease terms to be agreed, on an effectively full repairing and insuring basis.

Rent

The property is available to let at a rent of £13,632 per annum. VAT is payable on the rent.

Outgoings
The properties will be assessed for business rates following the completion.

VAT
The property is registered for VAT and VAT is payable on rent and service charge.

Legal costs
Each party to bear their own legal costs in connection with the preparation and execution of the lease.

Service charge
A service charge will be payable to enable the landlord to recover from the tenant a fair proportion of the costs of maintaining and managing the buildings and common areas. A proportion of the building insurance premium is recovered separately from the service charge.

Other

Energy performance certificate

The properties are being assessed for energy performance following completion. The EPC and recommendation report will be available on request.

Code of practice for commercial leases

The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,

Viewing
Strictly by appointment through with sole agents YoungsRPS, contact