Newburn manufacturing unit, MGM House, goes on the market

Published on: 7th February 2017

A 58,879 sq ft manufacturing unit, located in Newburn, Newcastle upon Tyne, has gone on the market at an asking price of £1.8m.

The unit, which is situated on a 2.42 acres site, comprises of five modern workshops, two principle factory units and interlinking office space.

Industrial agent Darren Naylor said, “There is a real shortage of good quality industrial properties of this size in the North East, so this is a fantastic and rare opportunity for an owner occupier or investor.”

The site has a freehold asking price is £1.8m, but may be available to let.

Click here to view the property listing.

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Unit let in less than one week at Stockton's Durham Lane Industrial Park

Acting on behalf of Dickens Warehousing Ltd, our Teesside agency team has let a 5,210 sq ft unit at Durham Lane Industrial Park to Hot Price Tubs, within one week of the property going on the market. Hot Price Tubs, a leading hot tub retailer in UK and Ireland, has let the unit, located on Guiseley Way in Stockton-On-Tees, on a three year lease. Bob Goodrum, company secretary at Dickens Warehousing Ltd commented, “Hot Price Tubs is a great occupier at Durham Lane Industrial Park.

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Acting on behalf of Dickens Warehousing Ltd, our Teesside agency team has let a 5,210 sq ft unit at Durham Lane Industrial Park to Hot Price Tubs, within one week of the property going on the market.

Hot Price Tubs, a leading hot tub retailer in UK and Ireland, has let the unit, located on Guiseley Way in Stockton-On-Tees, on a three year lease.

Bob Goodrum, company secretary at Dickens Warehousing Ltd commented, “Hot Price Tubs is a great occupier at Durham Lane Industrial Park.

[fulltext] =>

“We couldn’t be happier that the agents at Sanderson Weatherall had the letting agreed within one week of them putting it on the market.”

Darren Naylor, industrial agent in our North East agency team said, “We are delighted to have secured Hot Price Tubs as a tenant for Dickens Warehousing Ltd. The fact that the unit was let the same week we put it on the market highlights the continuing demand for industrial properties, from occupiers wanting to be located in Teesside.”

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Teesside commercial property experts introduce three new associate partners to their team

Our Teesside team has grown by the introduction of three associate partners to their office. Business rates expert, Tim Dyson; industrial agent, Darren Naylor; and building surveyor, Kenny Hiles will now be working with our Teesside team to strengthen their offering as the only full-service commercial property consultancy in the area. Tim has 23 years’ experience in business rates, providing businesses with advice on rating appeals, valuations and empty rates mitigation. Darren brings with him 8 years’ experience working in the North East commercial property market, and will focus on industrial acquisitions and disposals across the area.

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Our Teesside team has grown by the introduction of three associate partners to their office.

Business rates expert, Tim Dyson; industrial agent, Darren Naylor; and building surveyor, Kenny Hiles will now be working with our Teesside team to strengthen their offering as the only full-service commercial property consultancy in the area.

Tim has 23 years’ experience in business rates, providing businesses with advice on rating appeals, valuations and empty rates mitigation.

Darren brings with him 8 years’ experience working in the North East commercial property market, and will focus on industrial acquisitions and disposals across the area.

[fulltext] =>

Kenny has over 15 years’ experience working in building consultancy in the North East, and delivers building surveys, appraisals and project management services.

The three associate partners join an existing local team of valuation, lease, rating and compulsory purchase experts, as well as building surveyors, architects and commercial agents.

David Fairley, head of Building Surveying at Sanderson Weatherall Teesside commented, “I’m delighted to welcome Tim, Darren and Kenny to the team. The three of them have over 40 years of experience in the commercial property market, which undoubtedly makes them a heavyweight addition to Sanderson Weatherall Teesside.

Matthew Clarke, head of Valuation at Sanderson Weatherall Teesside added, “We continue to dominate the local market as the only firm of Chartered Surveyors to offer such an extensive range of commercial property services, and these three new names in our team only strengthen that position.”

Teesside Commercial Property Services – click here to download our services brochure.

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Stockton’s The Century Building goes on the market

The Century Building, located on North Tees Industrial Estate, has gone on sale with an asking price of £595,000. The 12,430 sq ft property provides 8,945 sq ft of office accommodation and 3,465 sq ft of warehouse space. The freehold site sits on 0.87 acres, which includes a storage yard and parking.

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The Century Building, located on North Tees Industrial Estate, has gone on sale with an asking price of £595,000.

The 12,430 sq ft property provides 8,945 sq ft of office accommodation and 3,465 sq ft of warehouse space. The freehold site sits on 0.87 acres, which includes a storage yard and parking.

[fulltext] =>

Darren Naylor, industrial agent in our North East agency team commented, “This is a great opportunity for a business looking to relocate to a prominent trade counter / industrial estate in the area. The freehold interest is available to purchase for £595,000, however the property may be available to let by way of a new full repairing and insuring lease.”

For further information contact agents Darren Naylor or George Williams.

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