Unit J1 Tyne Tunnel Trading Estate, Hamar Close North Shields, NE29 7XB

To Let
Unit J1 Tyne Tunnel Trading Estate, Hamar Close, North Shields - Picture 2025-03-03-16-03-59

Agents

McMullen Real Estate logo

McMullen Real Estate

Peter Barker

Use Class

Use Class

E

Size

Size

11,677 sq ft

Rent pa

Rent pa

£88,360

Description

Strategic location near intersection of the A19 and the A1058, 1/4 mile from Tyne Tunnel, and to the South of Silverlink Retail, and Business Park. Tyne Tunnel Trading Estate occupiers are a variety of sectors, including logistics, manufacturing, and trade. Trade occupiers include Howdens, Screwfix, Jewson, Grahams, Yesss Electrical, City Plumbing Supplies and Plumb Centre.

Accommodation

11,677 Sq.Ft

Refurbished semi-detached industrial / trade counter unit. • Steel portal frame construction, blockwork steel profile metal clad elevations. • Double pitched profile metal clad roof (incorporating roof lights). • Two full height drive in doors (one to front, and one to rear elevations). • Eaves height – 5.07m. • External – front – loading area, 11 designated car parking spaces. •External – rear loading area, communal parking. • Ground floor office/staff– partly across front elevation, includes kitchen and WCs.

Areas
Sq.Ft
Sq.M
Ground Floor Showroom/Trade Counter
7,986
741.92
Ground Floor - Store
2,994
278.15
Ground Floor - Offices
697
64.75

Financial

Lease Type

Existing Lease

Lease Term

The unit is available by way of sublease or assignment of our client’s existing lease.Lease expires on 10th May 2028.

Rent

£88,360 plus VAT, per annum exclusive (Fixed until lease expiry).

Service Charge

£4,218 pa (2024/25 budget)

Business Rates

We have been verbally informed by the Local Authority that the premises are assessed for rating purposes as follows: Rateable Value £57,000 UBR Rate £0.546p Rates Payable (2024/25) £31,1

Rates

Rateable Year:
2025
Rateable Value:
£5,700.00
Rates payable:
£3,112.00
UBR:
54.6p/£

Sustainability

Energy Performance Certificate

58

Energy Performance Certificate Information

The property has an EPC rating of C:58.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2025 Completely Property Technology Limited

This was last updated on 03/03/2025