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For Sale£540,000.00
OR
For RentROA

Unit 4, Rekendyke Industrial Estate, South Shields, NE33 5BZ

General Industrial, Industrial Park, Industrial , 18034 Sq Ft
Property type: General Industrial, Industrial Park, Industrial
Tenure: To Let, For Sale Freehold
Size: 18034 Sq Ft
Price: £540,000.00
Rent: ROA
Location: Unit 4, Rekendyke Industrial Estate, South Shields, , South Shields, NE33 5BZ
Detached unit with secure yard for sale. - Unit 4 is a detached factory / warehouse building dating back to the late 1970s and benefits from the following specification:

- Detached unit with large secure yard
- Steel frame construction providing open plan factory / storage space
- Steel clad walls with insulating panels
- Steel sheet roof underlined with insulating panels
- Reinforced concrete floor
- Access via roller shutter door
- Office accommodation & WC facilities
- 3 phase power supply, water & gas
- Central heating to offices

The property is held by way of a 125 year ground lease commencing 15th November 1982 at a peppercorn rent.

Unit 4 is currently rated in conjunction with Unit 5 and will therefore require independent assessment.
Based on the entry on the Valuation Office Agency website it is estimated that a Rateable Value of £56,045 is attributed to Unit 4 and therefore rates payable for the financial year 2017/18 would be in the region of £27,000.

Please contact the South Tyneside rating department for further information.
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