Industrial unit for sale

GENERAL DESCRIPTION
The property comprises two self-contained component parts. 137 Liverpool Road is a part single and part two storey building of various forms of construction which briefly comprises a showroom fronting the A34 together with stores and ground and first floor offices. To the rear and adjacent is a further cluster of buildings of differing forms of construction which are internally connected and comprise a
manufacturing premises currently occupied by a furniture maker. This premise is separately accessed off Wilton Street and also benefits from onsite car parking and a secure yard area. The entire site has functioned as a manufacturing facility with trade counter serving the public for many years with the buildings being extended and added to over the years to accommodate growth. More recently the site has been split into two independent entities and is now being offered to the market as a part let/part vacant site that would site a wide range of commercial applications, subject to planning where necessary.

Location - The site is located in a predominantly commercial area on the northern outskirts of Newcastle and benefits from an extremely prominent location on Liverpool Road (A34) where the trade counter section (137 Liverpool Road) benefits from a 30-meter roadside frontage and vehicular access to the carparking area directly off Liverpool Road. The rear of the site which provides access to 1-3 Wilton Street also has an extensive roadside frontage and vehicle access to the onsite parking and secure yard areas. The A34 is the main truck road that runs through Newcastle under Lyme and connects to the A500 dual carriageway to the south (4.4 miles) and to the north (3.4 miles) leading to Junctions 15 and 16 of the M6.

Services - All mains services connected. No services have been tested by the agents

Tenancy Details - 3 Wilton Street is let to Anbercraft Ltd (Co Reg No: 14335289) byway of a 25-year Full Repairing and Insuring lease from the 30th August 2002, expiring 31st August 2027. The passing rent, fixed for the remainder of the term is £20,480 pa

Tenure - Available freehold, subject to contract and with vacant possession of 137 Liverpool Road and the leasehold interest in 1-3 Wilton Street.

Business Rates - 137 Liverpool Road (two storey office section)
Rateable Value: £7,300
Rates Payable: £3,642.70 pa (24/25)

137A Liverpool Road (showroom and warehouse)
Rateable Value: £11,000
Rates Payable: £5,489 pa (24/25)
Note: If you qualify for small business rates relief you should beentitled to a 100% rates payable exemption on all rateable values below £12,000.

1-3 Wilton Street:
Rateable Value: £24,250
The tenant is responsible for rates payable.

Accommodation - 137 Liverpool Road
Ground Floor
Showroom: 692 sq ft
Workshop and Stores: 1,190 sq ft
Offices: 234 sq ft
Kitchen: 31 sq ft
WC --
NIA 2,147 sq ft

First Floor
Office 1: 284 sq ft
Office 2: 255 sq ft
Office 3: 129 sq ft
WC --
NIA 668 sq ft
Total 2, 815 sq ft

1-3 Wilton Road
Ground Floor
5 Interconnected workshop bays,
office and WC: 6,125 sq ft
First floor
Storage: 986 sq ft
Total NIA: 7,111 sq ft

Vat - The sale price is not subject to VAT

Anti Money Laundering Regulations - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.