Home Commercial Commercial Property Industrial for sale in Hilton Road, Aycliffe Business Park, Newton Aycliffe, DL5
Under Offer

Industrial for sale in Hilton Road, Aycliffe Business Park, Newton Aycliffe, DL5

£450,000

4264.00 sq ft

4264 sq ft

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About this property

LOCATION
The property is situated on Newton Aycliffe Industrial Park, Newton Aycliffe and lies approximately 1 mile north of Junction 9 of the A1(M). Newton Aycliffe town centre lies approximately 1.5 miles to the north. Durham City centre is around 12 miles to the north and Darlington 5 miles to the south, where there is a main line station on the East Coast London to Edinburgh route.

The property lies on Hilton Road, close to the junction of Horndale Avenue, and adjoins a petrol filling station.
Aycliffe Industrial Park is one of the largest business parks in the north-east region, and home to a wide range of local, regional and national businesses, including Hitachi, Screwfix and Roman Showers

DESCRIPTION
The subject property comprises a detached industrial unit of steel portal frame construction, with profile metal sheet to the walls and roof.

The warehouse/production area also benefits from mezzanine storage and has an eaves height of around 5.2 metres. The integral two-storey offices provide a range of cellular offices at ground and first floor, with carpeted floors, suspended ceiling to part and LED lighting. The offices are heated by a central heating system to radiators. The premises also benefit from a shower room, w.c’s and kitchen.

There is a smaller, modern detached storage unit of blockwork construction, with profile metal sheet pitched roof, as well as an open sided store. Part of the storage unit is used to house a Biomass boiler. However, it is intended that the Biomass boiler will be removed by the current owners on completion of the sale.

The property also benefits from a large yard and sits within a site extending to 0.46 acres (0.19 hectares) or thereabouts, and is surrounded by a palisade fence.

ACCOMMODATION
We have measured the property as providing the following Gross Internal Floor Areas:
Warehouse/production 158.38 sq m (1705 sq ft)
Ground floor offices 96.63 sq m (1040 sq ft)
First floor offices 96.63 sq m (1040 sq ft)
Mezzanine storage 44.48 sq m (479 sq ft)

Total 396.12 sq m (4264 sq ft)

Detached store 98.83 sq m (1064 sq ft)
Open storage building 47.60 sq m (512 sq ft)

SERVICES
We understand there are mains gas, three phase electricity, water and drainage connected to the property.

Prospective purchasers should satisfy themselves as to the suitability of these services.

The Biomass boiler is to be removed by the existing owner on completion of the sale.

TERMS
The property is available for sale on a freehold basis at offers over £450,000.

OUTGOINGS
The property has two entries into the rating list as follows:

Description Warehouse & Premises
Rateable Value: £12,000

Description Offices & Premises
Rateable Value: £4,450

Interested parties should seek confirmation from the Local Authority.

LEGAL COSTS
Each party to bear their own legal costs.

OTHER
ENERGY PERFORMANCE CERTIFICATE

The property has an EPC rating of B-50.

A copy of the EPC and recommendation report is 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, www.commercialleasecodeew.co.uk

VIEWING
Strictly by appointment with sole agents YoungsRPS.

Location

Stamp duty

Based on a sale price of £450,000 the total amount of stamp duty payable will be:

Last updated: The calculator has been updated following the end of the stamp duty holiday on 1st October 2021.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.