Unit 24, Number One Industrial Estate, Consett, County Durham, DH8 6SR

LOCATION
The subject property is located prominently on Number One Industrial Estate in Consett, a town in County Durham, England, about 14 miles south-west of Newcastle upon Tyne. The county also borders Cumbria to the west, North Yorkshire to the south, and Tyne and Wear and Northumberland to the north.

A large area of development has taken place during 2013-2014 and Consett has become a commuter town due to its convenient location between Durham and Newcastle. Number One Industrial Estate contains a range of industrial/ workshop units in Consett, other major occupiers include Legrand Electric, CAV Systems, Howden Joinery, Screwfix and Wolseley Group.

The wider area of Consett benefits from amenities such as shops, pubs and night clubs that also serve several villages in its immediate surroundings, some such as Shotley Bridge and Blackhill.

DESCRIPTION
The premises comprise of a modern detached steel portal frame industrial building with part profile clad elevations and roof. The roof is insulated in profile clad with the main premises providing open plan production/ warehouse accommodation, with both open plan and cellular offices together with a reception area located at ground floor level.

Internally, the premises comprise of a main steel portal frame factory warehouse constructed to a minimum eaves height of approximately 5 metres, together with a later additional steel portal frame warehouse with a minimum eaves height of approximately 9 metres. The premises are utilised as an Aerospace manufacturing facility and incorporate a number of over head cranes, utilised as part of the manufacturing process.

Externally, the premises also benefit from a rear yard area with access to loading doors together with additional areas of rear storage. To the front elevation is a dedicated parking area, providing in excess of 100 spaces for staff and visitors.

COMPANY PROFILE - GARDNER AEROSPACE (HOLDINGS) LIMITED
Gardner Aerospace are one of the largest international independent manufacturers of aerospace parts, currently employing 1,700 people across nine manufacturing sites and operating from the
UK, France, Poland, India and China, with the current Headquarters being located in Derby.

Gardner are an Airbus Tier One D2P Partner and Supplier Council Member and specialise in providing comprehensive manufacturing capabilities and process approvals to the Aerospace industry.

The facility in Consett is currently utilised for very long bed machining, fabrications,
heat treatment, together with adonising and paint capabilities.

Further financial information is available on request.

BUSINESS RATES
Rateable Value: £340,000

This is not the amount you will pay. For further information regarding rates payable and small business rates relief, please contact Durham County Council.

TENURE
Long Leasehold
Date: 22nd July 1992
Term: 125 years from 8th July 1992
Rent: Peppercorn.

PLANNING
We understand that the property has Planning Consent for its existing use. For further information
on planning and use, please contact Durham County Council Planning Control Department.

EPC (ENERGY PERFORMANCE CERTIFICATES)
A copy of the existing building's Energy Performance Certificate can be obtained from the Agents.

PRICE
P.O.A
Subject to the occupational tenancy to Gardner Aerospace (Holdings) Limited.

SERVICES
We understand that electricity and water are connected to the premises however we recommend that interested parties contact the relevant service providers to confirm this.

VAT
Prices are quoted exclusive of Value Added Tax (VAT).

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in this transaction.

FURTHER INFORMATION
Further information is available on request to include the following:
I. Title documentation
II. Unaudited management accounts for Gardner Aerospace (Holdings) Limited
III. Site plans
IV. EPC rating