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Expert Mercantile Rd 28,813 sq ft Industrial Property Houghton Le Spring DH4 5PH £2,852,000 (£98.98/sq ft)
INVESTMENT HIGHLIGHTS
- Large secure fenced yard
- Parking
- Located next to the A690
EXECUTIVE SUMMARY
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
PROPERTY FACTS
| Price | £2,852,000 | Total Plot Size | 1.56 ac |
| Price per sq ft | £98.98 | Net Internal Area (NIA) | 28,813 sq ft |
| Sale Type | Owner Occupier | No. Floors | 2 |
| Tenure | Freehold | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Costar Property Class | B | Parking Allocation | 1.56/1,000 sq ft |
| Price | £2,852,000 |
| Price per sq ft | £98.98 |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Property Type | Industrial |
| Costar Property Class | B |
| Total Plot Size | 1.56 ac |
| Net Internal Area (NIA) | 28,813 sq ft |
| No. Floors | 2 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Allocation | 1.56/1,000 sq ft |
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
| Space | Size | Space Use | Condition | Available |
| Ground | 22,150 sq ft | Industrial | Partial Fit-Out | Now |
| 1st Floor | 6,663 sq ft | Industrial | Partial Fit-Out | Now |
Ground
| Size |
| 22,150 sq ft |
| Space Use |
| Industrial |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
1st Floor
| Size |
| 6,663 sq ft |
| Space Use |
| Industrial |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
Ground
| Size | 22,150 sq ft |
| Space Use | Industrial |
| Condition | Partial Fit-Out |
| Available | Now |
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
1st Floor
| Size | 6,663 sq ft |
| Space Use | Industrial |
| Condition | Partial Fit-Out |
| Available | Now |
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
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Expert | Mercantile Rd
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