Malton Works, Malton, Lanchester, Co. Durham, DH7
Rent £52,000 pax

14,000 sq ft WAREHOUSE / INDUSTRIAL UNIT TO LET         

LOCATION
Malton Works is located just off the A691 Durham to Consett road, approximately 1-mile east of the popular and affluent village of Lanchester and 7 miles northwest of Durham City.

Surrounding occupiers on the estate include; Pulman Volkswagen, Noted Aromas and Your Storage Box.

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DESCRIPTION
The premises comprise a detached industrial unit of steel portal frame construction with profile clad elevations and concrete floors throughout.

3no. large electrically operated steel roller shutter doors allow access from external circulation areas. The minimum height to eaves is 5.0m.

ACCOMMODATION
Approximate GIA - 1,300.64 sq m (14,000 sq ft)

TERMS
The property is available by way of a new lease, for a term of years to be agreed at a Rent from only £52,500 pax (£3.75 psf).

The Landlord is willing to refurbish the property, prior to a new tenant taking occupation, subject to agreeing appropriate lease terms, rent and specification.

BUSINESS RATES
Rateable Value - £14,500
Estimated Rates Payable - £6,029.58

We understand that the premises have a Rateable Value (RV) of £14,500 effective from 01st April 2023 and we have estimated the rates payable for the 2023-2024 year above.

Our estimates are calculated by applying the appropriate Business Rate Multiplier to the RV and (if applicable) making an adjustment for Small Business Rate Relief. Not all properties or 'small businesses' qualify for relief.

It is important that interested parties confirm the accuracy of this information and the rates payable with the Local Authority.

ENERGY PERFORMANCE
Awaiting EPC.

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 incurred in this transaction.

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 & FURTHER INFORMATION
For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors.