Newton Aycliffe Industrial Estate, 2 Coatham Avenue, Newton Aycliffe, County Durham, DL5 6DB

Newton Aycliffe Industrial Estate, 2 Coatham Avenue, Newton Aycliffe, County Durham, DL5 6DB

£4,000,000
Commercial
Withdrawn
About this Property
11 December 2024
Withdrawn
£4,000,000
Traditional
Commercial
£3,850,000
Description

Prominent Freehold Industrial Investment located at Newton Aycliffe Industrial Estate, 2 Coatham Avenue, Newton Aycliffe, County Durham, DL5 6DB. This commercial property comprises a modern single let industrial unit extending to 85,793 sqft on a 3.99 acre site. It is entirely let to Ricor North East Limited on a lease expiring in 2040, with uncapped RPI linked rent reviews, the next of which is scheduled for May 2025. Additionally, there is a rental guarantee of £390,000 from HSBC PLC until 2028. The property is situated 0.75 miles from Junction 59 of the A1(M) and is in proximity to various occupiers such

Location
More Information
Freehold
Planning Authority
County Durham LPA
Property Intelligence

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