Lustrum House, Sedgefield Way, Stockton-On-Tees, TS18
Annual Rental Of £90,000

LOCATION
Portrack Interchange Business Park is located centrally on Portrack Lane and provides excellent access to both the A19(T), A66(T) and from there the region's principal road networks beyond. Teesside International Airport is approximately 9 miles to the west and the principal East Coast mainline rail connection at Darlington approximately 14 miles to the west.

Portrack Lane itself accommodates a number of national office and commercial operators including Smyths Toys, The Range, Yodel, Screwfix, Asda, B&Q, Magnet and Wickes DIY.

DESCRIPTION
The property comprises of a 2 storey modern office facility of approximately 5,328 sq ft with an additional ground floor internal workshop of approx 1,001 sq ft. There is also attic space which is accessed via a staircase on the first floor.

The offices are fitted out to a very high standard and incorporate furniture and a telephone system. There is a secure yard which provides access to a 2,906 sq ft warehouse facility. At the front of the property there are approximately 40 car parking spaces.

> Dedicated Reception
> Ground Floor Boardroom and Meeting Room
> Air Conditioning
> LED Lighting
> Kitchenette
> Raised Access Flooring
> 40 Car Parking Spaces
> Ground Floor Stores
> Attic Storage
> Secure Service Yard
> Detached Workshop

ACCOMMODATION
Reception - 20 sq m (215 sq ft)

Ground Floor Office Space - 175 sq m (1,884 sq ft)

Ground Floor Workshop / Store - 93 sq m (1,001 sq ft)

First Floor Office Space - 300 sq m (3,229 sq ft)

Second & Third Floor Attic Storage Space - 248 sq m (2,670 sq ft)

Warehouse - 270 sq m (2,906 sq ft)

Yard - 1,010 sq m (10,872 sq ft)

RATING ASSESSMENT
We understand that the premises have a rateable value of £53,500, effective from 1st April 2017. It is however, recommended that any interested party confirm the accuracy of this information and the rates payable with the Local Authority. As a new occupier, rights of appeal may exist against the assessment.

RENT
£90,000 pax.

PURCHASE PRICE
£1,000,000 (One Million Pounds).

ENERGY PERFORMANCE
EPC Rating D(76). Full certificate is available upon request.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party to be responsible for their own costs.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

VIEWING
For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors or our Joint Agent Connect Property North East.