Property Details
Pugh Auctions
Lot 083
Lot 083
Auction: April 2018 (L)

Unit 2a, Whitehouse Office Park, Peterlee, County Durham, SR8 2RT

Property Details
Location

The Property is located on the Whitehouse Business Park, a recently built office and industrial business park (2006/7) which provides six office buildings and five industrial units. The Park is located to the west of the centre of Peterlee, midway between Tyne & Wearand Teesside and 0.5 miles from the A19. Major occupiers in the immediate vicinity include SSL International, MetroMail, NHS,Orange, NPower, EDS and the Inland Revenue.High speed rail services are available on the east coast main line with the closest station being Durham. Regional Airports at Newcastle and Durham Tees Valley offer direct scheduled flights to many European cities. The area has 'assisted areas status', and local and government assistance is available to qualifying companies locating or expanding in this area.Neighbouring occupiers include SSL International, MetroMail, NHS, Orange, NPower, EDS, the Inland Revenue. Sotech, GT Group, Bristol Laboratories and Durham Constabulary

Description

To be offered by Auction Detached two storey grade A office building approximately 2,714 sq m (29,202 sq ft) with car parking for 178 cars. The ground floor office is let to the NHS and part of the first floor is let to the GEM Partnership with a total current rent reserved of £85,644 per annum

Outside

Externally the site is bounded by a concrete paving stone footpath, tarmac covered car park and landscaped areas to their front and a grassed area to its rear. It is secured by a steel palisade fence. Dedicated car parking for 178 vehicles. Energy Performance Certificate = D.

Approx Site Area

Approximately 0.8 hectares (2.1 acres)

Planning

Interested parties should consult direct with the Local Planning Office, Durham County Council http://www.durham.gov.uk/, Tel: 03000 26 0000.

Tenancy

The whole of the ground floor is let by way of a FRI lease with a lease expiry date of 31st March 2023 granted to County Durham & Darlington NHS Foundation Trust at a rent of £65,979 per annum. Half of the first floor is let by way of a 10 year FRI lease from March 2018 granted to the GEM Partnership at a rent of £19,665 per annum. The lease has a 5 year tenant option to break and upwards only rent review. Please see legal pack for full details of the above arrangements.

VAT

VAT is payable in addition to the purchase price.

Addendum

VAT is payable in addition to the purchase price.

Property Location Address:
Unit 2a,
Whitehouse Office Park,
Peterlee,
County Durham,
SR8 2RT
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Auction Details
Auction: April 2018 (L) Date: 19th April 2018 Lot Number: 083 Doors Open: 9:30am Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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