Description

LocationDurham is an historic city and the economic and cultural centre of County Durham. Durham is situated in the North East of England on the River Wear. The city sits approximately 13 miles south west of Sunderland, 18 miles south of Newcastle and 22 miles north of Darlington.Durham benefits from excellent transport provisions being in close proximity to the A690 and the A1(M) which link the city to the national road network. Rail connections are provided via Durham Railway Station which is situated on the East Coast Mainline and provides a fastest journey time to London Kings Cross of 2 hours 50 minutes. Durham Tees Valley Airport and Newcastle International Airport are approximately 25 miles south and 25 miles north of Durham respectively.Durham is well known for its world heritage sites including Durham Castle and Cathedral, attracting tourists year round. The city also hosts an internationally renowned university which is one of the UK's top 5 institutions and a member of the prestigious Russell Group. The university specialises in science, business and finance and awards degrees to over 3,000 top-flight graduates a year. The local workforce is therefore highly trained with relatively low living costs, creating an ideal environment for knowledge-based industries and start-ups.SituationMandale Business Park is strategically located at Junction 62 of the A1(M), with access off the A690 which connects Durham City two miles to the west with Sunderland eight miles to the east. Newcastle City Centre is approximately 14 miles to the north.The park has excellent links to all parts of the region with East Coast mainline railway service to London Kings Cross and Edinburgh available at Durham City train station.Mandale Business Park and the wider Belmont estate is a well established commercial area with a line-up of occupiers including; Cooper bmw/ Mini, Pulman Skoda, Premier Inn, Age UK, Howdens, Rexel, Home Group and Durham Darlington Fire Service (HQ).The park is currently undergoing a large scale transformation, with 180,000 sq ft of new build spec industrial units being developed by Mandale Group.DescriptionThe property comprises, a newly-constructed office unit of steel frame construction with masonry infill, surmounted by a profiled metal clad roof. Fenestration throughout is of aluminium, double glazed construction. Full building specification is as described below:-Suspended ceilings-LED lighting-Perimeter trunking for power and data-Male, female and dda WCs-Passenger lift-Reception/entrance lobby-Extensive on site parking-Kitchen facilities-Fully carpeted-dda compliant-100MB dedicated data connection-55db sound proofing throughoutAccommodationGround FloorEast - 125.41 sq m (1,350 sq ft)West - 184.23 sq m (1,983 sq ft)First FloorWest - 167.23 sq m (1,800 sq ft)*Ground floor units could be combined to provide a single suite of 309.64 sq m (3,333 sq ft)Lease termThe offices are available by way of new effective full repairing and insuring leases, for a term of years to be agreed between the parties.RentThe quoting rent is £14 psf per annum exclusive of business rates, service charge, VAT and all other outgoings.Service chargeA Service Charge will be recoverable from occupiers for upkeep and maintenance of the internal and external common parts. Further details on application.Business ratesIt is recommended that any interested party confirm the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.ServicesThe property benefits from all main services.EPCThe property has an energy performance rating of 24 within Band A (certificate available on request).VATAll rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made upon this basis and where silent, offers will be deemed net of VAT.Legal costsEach party to be responsible for their own costs incurred in this transaction.Anti-money laundering regulationsIn accordance with anti-money laundering regulations, two forms of identification will be required from the tenant.ViewingStrictly by prior appointment via joint sole agents Graham S Hall Chartered Surveyors and Connect Property North East. For more details and to contact: