for sale (may let)€¦ · glazed panels and profile metal sheeting. each unit has an eaves height...

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sw.co.uk BIRMINGHAM | BRISTOL | EXETER | LEEDS | LONDON | MANCHESTER | NEWCASTLE | TEESSIDE | YORK 5,470 sq m (58,879 sq ft) 0.97 hectare (2.42 acres) Large Manufacturing Unit Terrace of modern workshops Flexible accommodation FOR SALE MGM House Newburn Bridge Road Newburn Newcastle upon Tyne NE15 8NR (MAY LET)

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Page 1: FOR SALE (MAY LET)€¦ · glazed panels and profile metal sheeting. Each unit has an eaves height of approximately 5.3m and is clad in pitched roofs of profile metal sheeting. A

sw.co.uk

BIRMINGHAM | BRISTOL | EXETER | LEEDS | LONDON | MANCHESTER | NEWCASTLE | TEESSIDE | YORK

• 5,470 sq m (58,879 sq ft)

• 0.97 hectare (2.42 acres)

• Large Manufacturing Unit

• Terrace of modern workshops

• Flexible accommodation

FOR SALE

MGM House

Newburn Bridge Road

Newburn

Newcastle upon Tyne

NE15 8NR

(MAY LET)

Page 2: FOR SALE (MAY LET)€¦ · glazed panels and profile metal sheeting. Each unit has an eaves height of approximately 5.3m and is clad in pitched roofs of profile metal sheeting. A

sw.co.uk

The property is laid out as two virtually identical

industrial sheds running parallel to one another and

connected by an extended office interlink providing

single storey administration, staff and ancillary space.

The broadly rectangular shaped site which extends to

approximately 2.4 acres, is set at lower level than the

front access road (Newburn Bridge Road) from which it

enjoys vehicular access via an electric security gate.

Each of the factory units is constructed of steel framed

construction clad externally in a mix of brickwork,

glazed panels and profile metal sheeting. Each unit has

an eaves height of approximately 5.3m and is clad in

pitched roofs of profile metal sheeting. A lantern

skylight to the roof and glazed panels to the flank

elevation provides natural light. Each factory unit has

concrete slab floors incorporating overhead gas fired

space heaters. Access to the bays is provided by up

and over roller shutter doors.

The single storey mid section which connects the two

production areas contains a reception area, a number of

individual offices, boardroom, small kitchen, conference

facilities, various stores and separate ladies and gents

WC’s. A central corridor runs the length of this facility

and directly connects the workshop space.

Description LocationDescription Continued

The subject unit is situated on the south bank of the

River Tyne at Ryton, some 300m or so south of the

Newburn Bridge river crossing. Newcastle City Centre

is approximately 7 miles to the east.

The unit is sited on the periphery of the built up area

and whilst through travel to the north is limited to the

weight and width restriction on Newburn Bridge, access

onto the part duelled A695 Chainbridge Road to the

south, which links with the A1 Western Bypass to the

east, is no more than half a mile from the site.

Adjacent to the principal factory units is a modern

terrace of workshops which provide 5 small self

contained workshop units. Externally there is a yard

area to the rear of the site situated in between the two

main factory units. To the front of the site there is

ample on site car parking facilities. The whole site is

bound by a good quality steel palisade security fence.

NORTH EAST COMMERCIAL AGENCY | MGM HOUSE | NEWBURN BRIDGE ROAD | NEWBURN | NEWCASTLE UPON TYNE | NE15 8NR

Page 3: FOR SALE (MAY LET)€¦ · glazed panels and profile metal sheeting. Each unit has an eaves height of approximately 5.3m and is clad in pitched roofs of profile metal sheeting. A

sw.co.uk

The property has the following approximate GIA:-

Accommodation

The freehold interest is available at an asking price of

£1.8 million. Alternatively the property may be available

to let by way of a new effective Full Repairing and

Insuring lease term.

Rental

Rent on application.

VAT

All figures mentioned above are deemed exclusive of

VAT.

Each party to bear their own legal costs incurred in the

sale transaction plus any VAT thereon.

Money Laundering

In accordance with Anti- Money Laundering Regulations

two forms of identification and confirmation of the

source of funding will be required for the successful

purchaser.

We recommend that interested parties contact the Local

Rating Authority directly to determine the exact rates

payable.

Energy Performance Certificate

The Energy Performance Asset Rating is Band D (96).

A full copy of the EPC is available for inspection if

required.

Terms

Rates

Legal Costs

NORTH EAST COMMERCIAL AGENCY | MGM HOUSE | NEWBURN BRIDGE ROAD | NEWBURN | NEWCASTLE UPON TYNE | NE15 8NR

Description Sq M Sq Ft

5 Workshops 439 4,725

South Bay Factory 2,361 25,414

North Bay Factory 2,119 22,809

Interlinking Office Block 551 5,931

Total 5,470 58,879

Page 4: FOR SALE (MAY LET)€¦ · glazed panels and profile metal sheeting. Each unit has an eaves height of approximately 5.3m and is clad in pitched roofs of profile metal sheeting. A

sw.co.uk

Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the

vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These

particulars do not constitute any part of an offer or contract; 2) None of the statements

contained in these particulars as to the properties are to be relied on as statements of

representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or

otherwise as to the correctness of each of the statements contained in these particulars; 4)

The vendor(s) or lessor(s) do not make or give and neither Messrs Sanderson Weatherall

LLP nor any person in their employment has any authority to make or give any

representation or warranty whatsoever in relation to this property; 5) None of the building’s

services or service installations (whether these be the specific responsibility of the

freeholder, lessor or lessee) have been tested and are not warranted to be in working order.

Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT.

Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from

Misleading Marketing Regulations 2008; Every reasonable effort has been made by

Sanderson Weatherall to ensure accuracy and to check the facts contained in these

particulars are complete. Interested parties are strongly advised to take appropriate steps to

verify by independent inspection or enquiry all information for themselves and to take

appropriate professional advice.

Sanderson Weatherall LLP Registered in England company number OC 344 770

Registered Office 6th Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL

Viewings and Further Information

Strictly by prior appointment with the agents:

Contact: Chris Dent

Tel No: 0191 269 0104

Email: [email protected]

Sanderson Weatherall

22-24 Grey Street, Newcastle upon Tyne NE1 6AD

NORTH EAST COMMERCIAL AGENCY | MGM HOUSE | NEWBURN BRIDGE ROAD | NEWBURN | NEWCASTLE UPON TYNE | NE15 8NR

February 2018