Kingsway North, Team Valley Trading Estate, Gateshead NE11 0LTbulkloader.prd.pl.artirix.com.s3.amazonaws.com/aa... · Being situated adjacent to the A1 allows ease of access to Newcastle

Kingsway North, Team Valley Trading Estate, Gateshead NE11 0LT

Prominent Long leasehold development site7.15 Acres (2.89ha)Frontage onto KingswayAdjacent A1 junctionA Premier Industrial location

PRINCESWAY NORTH

KINGSWAY NORTH

FOU

RTH AVEN

UE

REDE STREET

SECO

ND

AV

ENU

E

QUEENSWAY NORTH

A1 NORTH

A1(M) SOUTH

A1 WESTERN BYPASS

FIFTH AVEN

UE

B1426

FIRST A

VEN

UE

Map Data: Google, Bluesky

LOCATIONThe site is located in a prominent position on Team Valley with direct access onto Kingsway which is the main arterial route through the estate. Team Valley is recognised as being the North East’s premier industrial location and is the home to approximately 700 companies and 25,000 employees. The valley lies approximately 4 miles south west of Gateshead town centre and 5 miles south of Newcastle upon Tyne, with excellent communication links to the A1 Western by-pass, situated adjacent to the estate.

Team Valley is well serviced by public transport and offers all the amenities that would be expected within an estate of this size including hotels, public houses, restaurants/cafes, retail parades, retail park and supermarket.

Being situated adjacent to the A1 allows ease of access to Newcastle International Airport approximately 10 miles to the north west, Newcastle mainline railway station 5 miles to the north, Port of Tyne 12 miles to the east and the port of Sunderland 13 miles to the east.

DESCRIPTIONThe site is currently occupied by a former bakery and associated distribution warehouse and yard. Access to the site is either via Rede Street directly off Kingsway to the east or from Princesway to the west. (Plans of the existing buildings are available on request).

AREAThe total site edged red on the plan extends to approximately 7.15 acres (2.89ha).

SERVICESWe understand that all main services are provided to the site but it is the responsibility of the purchaser to determine the exact position of the services and arrange any modifications or connections at this site in consultation with the relevant service provider.

TENUREThe property is held by way of a long lease for a term of 125 years from the 18th September 1986 at a peppercorn rent. A copy of the lease is available on request.

PLANNINGTeam Valley is identified within the Newcastle and Gateshead Core Strategy as being a ‘Key Employment Area’. Interested parties should discuss their planning proposals with the planning department at Gateshead Council Tel No. 0191 433 3416.

GROUND CONDITIONSInterested parties should satisfy themselves as to site conditions.

TERMSOffers are sought for our clients long leasehold interest.

LEGAL COSTS The purchaser shall be responsible for any legal and professional fees they incur as part of any transaction.

VATAll figures quoted within these terms are exclusive of VAT where chargeable.

VIEWINGStrictly via the appointed sole agent:

A66

A66

A68

A688

A688

A690

A684

A66

A689

A689

A696

A181

A68

A68

A69

A171

A69

A167

A1(M)

A1

A1(M)

A19

A19

A19

A19

GATESHEAD

MORPETH

HEXHAM

CHESTER-LE-STREET

ALNWICK

ASHINGTON

HARTLEPOOL

SOUTH SHIELDS

TYNEMOUTH

SCOTCH CORNER

A1

59

60

61

62

63

65

58

57

56

NEWCASTLEUPON TYNE

SUNDERLAND

MIDDLESBROUGH

DURHAM

DARLINGTON

Newcastle International

Airport

Port of Sunderland

Port of Seaham

Port of Hartlepool

Port of Tyne

Durham Tees Valley

TEAMVALLEY

A 1 W E S T E R N B Y PA S S

KINGSWAY NORTH

DUKESWAY

EARLSWAY

FOU

RTH

AV

ENU

E

SEC

ON

D A

VEN

UE

FIR

ST A

VEN

UE

THIR

D A

VEN

UE

SEV

ENTH

AV

ENU

E

FIFT

H A

VEN

UE

WES

TER

N A

VEN

UE

SIX

TH A

VEN

UE

EIG

TH A

VEN

UE

TEN

TH A

VEN

UE

NIN

TH A

V

ELEV

ENTH

AV

ENU

E

ELEVENTH AVENUE

MARQUIS WAY

DU

KESW

AY W

EST

DUKESWAY

QUEENSWAY

QUEENSWAY

PRINCESWAY NORTH PRINCESWAY

EAST

ERN

AV

ENU

E

A1 NORTH

KINGSWAY SOUTH

A1(M) SOUTH

Sainbury’s

Maingate

RED

E ST

Retail

Wor

ld

SITE

SAT NAV: NE11 0LT

N

DO NOT SCALE FROM THIS DRAWING FOR CONSTRUCTION PURPOSESDescriptionDate

REVISIONS

By

Checked

Dwg. title

Scale @ A3 Date Drawn by

Job Title

Client

Rev.Dept.Job No. Element. Dwg No.

12/259 AA (00) 001 /

1:1250 19.02.2013 ID

Allied BakeriesRede Street, GatesheadFeasibility Studyfor Site Redevelopment

Site Location Plan

G A T E S H E A D

PRELIMINARY

SITE PLAN

Simon Hill [email protected]

Nick Atkinson [email protected]

HTA Real Estate Ltd conditions under which particulars are issued HTA Real Estate Ltd and for the vendors or lessors of this property whose agents they are, give notice that: (i) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of HTA Real Estate Ltd has authority to make or give any representation or warranty whatever in relation to this property. (iv) All rentals and prices are quoted exclusive of VAT unless otherwise stated. April 2015

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