Entirely let to Aggreko (UK) Limited • Located within the modern and established Harfreys Industrial Estate
Nearby occupiers include Howdens, Travis Perkins, Speedy Tyres, Plumb Center and Biffa
Future Development Potential (subject to consents)
Approximate site area of 0.187 hectares (0.463 acres)
Six Week Completion Available
Lot 53
Auction 6th December 2012
Rent £9,750 per Annum Exclusive
Status Sold
Price £105,000
Sector Ground Rent
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On the instructions of Joint LPA Receivers, BNP Paribas Real Estate
Property Information
Location
Miles
7 miles north of Darlington, 13 miles south of Durham
Roads
A1 (J59), A167
Rail
Newton Aycliffe (3 hours to London King’s Cross, 60 mins to Newcastle)
Air
Durham (9 miles), Newcastle (30 miles)
Situation
The property is situated on the northern side of Boundary Road, close to its junction with Bessemer Way, within the established Harfreys Industrial Estate. Nearby occupiers include Howdens, Travis Perkins, Speedy Tyres, Plumb Center and Biffa.
Tenure
Freehold.
Location
Miles
7 miles north of Darlington, 13 miles south of Durham
Roads
A1 (J59), A167
Rail
Newton Aycliffe (3 hours to London King’s Cross, 60 mins to Newcastle)
Air
Durham (9 miles), Newcastle (30 miles)
Situation
The property is situated on the northern side of Boundary Road, close to its junction with Bessemer Way, within the established Harfreys Industrial Estate. Nearby occupiers include Howdens, Travis Perkins, Speedy Tyres, Plumb Center and Biffa.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.187 hectares (0.463 acres) currently being used for open storage. The tenant also occupies a warehouse adjoining the site which is not included in the sale.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a site of approximately 0.187 hectares (0.463 acres) currently being used for open storage. The tenant also occupies a warehouse adjoining the site which is not included in the sale.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Site
Use
Site Area
Tenant
Term
Rent p.a.x
Review/(Reversion)
Ground
Open Storage
0.187 Hectares
0.463 Acres
AGGREKO (UK) LIMITED (1)
15 years from 24/06/2003 on a full repairing and insuring lease (2)
£9,750
22/08/2013 (23/06/2018)
Totals
0.187 Hectares
0.463 Acres
£9,750
(1) For the year ending 31st December 2011, Aggreko UK Limited reported a turnover of £363,303,258, pre-tax profits of £30,883,523 and a total net worth of £74,957,973. (Source: www.riskdisk.com 30/10/2012) (2)The lease is subject to a schedule of condition.
