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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)

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INVESTMENT HIGHLIGHTS

  • Large secure fenced yard
  • Parking
  • Located next to the A690

EXECUTIVE SUMMARY

The property is available freehold at offers over £2,852,000 or by way of a new FRI lease for a term to be agreed at a rent of £230,500 pa.
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
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
  • Ground
  • 22,150 SF
  • Industrial
  • Partial Build-Out
  • 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
  • 6,663 SF
  • Industrial
  • Partial Build-Out
  • 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.

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.

  • Listing ID: 36302556

  • Date on Market: 2025-06-18

  • Last Updated:

  • Address: Mercantile Rd, Houghton Le Spring DH4 5PH

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