SITUATIONThe subject property is located just outside Cramlington town centre in Nelson Village.Cramlington is approximately 8 miles north of Newcastle upon Tyne, and is accessed via the A1 which is located approximately 1 mile from the subject property.The A1171 is located less than ½ mile from the subject property and provides access to and from the region.DESCRIPTIONThe subject property comprises a secure industrial unit of traditional brick construction with a pitched, corrugated steel roof.The property is accessed via a shared yard. Neighbouring occupiers include Pool Cover Systems and Turnbull Motor Repairs.ACCOMMODATIONThe total accommodation available extends to approximately 91 sq m (980 sq ft)TERMSThe property is available by way of a new lease agreement at a rental of £5,400 (Five Thousand Four Hundred Pounds) per annum.RATING ASSESSMENTWe are advised that the rating assessments on the premises as at 1 April 2005 is as follows, although any interested party should confirm the current position with the Local Authority.Description RV UBRGround floor retail & ancillaries £1,975 0.407As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSEach party is to be responsible for their own legal costs incurred in the transaction.VATAll rents, premiums and purchase prices quoted herein are exclusive of vat. All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.VIEWINGStrictly by appointment only through sole agents Bradley Hall Chartered Surveyors
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