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Expert Mercantile Rd 28,813 SF Industrial Building Houghton Le Spring DH4 5PH $5,304,470 CAD ($184.10 CAD/SF)


INVESTMENT HIGHLIGHTS
- Large secure fenced yard
- Parking
- Located next to the A690
EXECUTIVE SUMMARY
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
PROPERTY FACTS
| Price | $5,304,470 CAD | Lot Size | 1.56 AC |
| Price Per SF | $184.10 CAD | Rentable Building Area | 28,813 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Tenure | Freehold | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.56/1,000 SF |
| Price | $5,304,470 CAD |
| Price Per SF | $184.10 CAD |
| Sale Type | Owner User |
| Tenure | Freehold |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 1.56 AC |
| Rentable Building Area | 28,813 SF |
| No. Stories | 2 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 1.56/1,000 SF |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
| Space | Size | Space Use | Condition | Available |
| Ground | 22,150 SF | Industrial | Partial Build-Out | Now |
| 1st Floor | 6,663 SF | Industrial | Partial Build-Out | Now |
Ground
| Size |
| 22,150 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 6,663 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Ground
| Size | 22,150 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
1st Floor
| Size | 6,663 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.
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Expert | Mercantile Rd
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