Montalbo Rd 15,624 SF Industrial Building Barnard Castle DL12 8ED $1,398,974 CAD ($89.54 CAD/SF)

Opportunity to acquire this fully let industrial property on the outskirts of Barnard Castle. The property comprises of two parallel steel portal frame warehouse bays under a pitched roof incorporating translucent roof lights. The premises have been sub divided to provide showroom, office, workshop and warehouse accommodation. Part of the property benefits from a high quality retail showroom area with LED lighting, sales counter and stores and WC/staff facilities as well as workshop at the rear with drive in roller shutter access and an eaves of c 4.5m. In addition is a useful mezzanine area providing light storage. The warehouse benefits from solid concrete flooring throughout, drive in roller shutter access and an eaves of c4.5m.
The premises are let to Carr’s Billington from and including 3 September 2021 to and including 2 September 2027 at an annual rental of £57,644. Rent review has been agreed to increase to £70,000 p.a. on 3rd September 2026. The property is accessed via Montalbo Road, approximately 1 mile north of the town centre. Available at a guide price of £750,000.00