The property comprises high bay steel framed storage premises offering large volume economical floorspace with up to 20 acres of external hardstanding.
The premises is equipped with a number of heavy duty overhead cranes; these are not certified and would require the tenant to recommission them.
Specification
The Landlord will carry out basic refurbishment works to the property including repairs to the external cladding, new LED lighting and installation of loading doors by agreement with the prospective tenant.
Location
The UK's best connected industrial zone offering direct connectively by road, rail, sea and air. The premises can be linked directly to the national rain network.
The site has already attracted major commitments from international companies such as SeAH Wind (1.1 million sq. ft plant under construction) and energy giant BP, leading a consortium in the delivery of a 60 acre carbon capture utilisation and storage (CCUS) plant to include power generation.
Infrastructure
From Transport connections to electricity, gas and water supplies, Teesworks is a ready home for large industry.
Teesworks has a high resilience 480MVA electricity supply fed by quadruple connections from National Grid into the site's private wire network.
Freeport
The property is within Teesside Freeport, the UK's biggest and first operational Freeport.
Freeport customs zone status means that eligible tenants will receive a range of tariff benefits, including duty deferral while the goods remain on site and suspended import VAT on goods entering the customs zone.
Additional duty suspension benefits are available
Legal Costs
Each party to bear their own legal costs in connection with this transaction.
VAT
All offers where made silent of VAT, will be deemed to be exclusive thereof.
Terms
The property is available to let either as a whole or as individual bays.
Energy Performance Certificate
The property is available for covered storage or other uses which don't require the premises to be heated or the air within the building to be otherwise conditioned.
THE WILTON CENTRE REDCAR
Dispatch Bays 6 & 9, Teesworks, Redcar
WAREHOUSE B, LACKENBY, TEESWORKS, REDCAR
WAREHOUSE C, LACKENBY, TEESWORKS, REDCAR
NEW DEVELOPMENT AT, WILTON CENTRE, REDCAR
UNIT 3 DORMANSTOWN IND EST, WEST COATHAM LANE, REDCAR, TS10 5DQ
Teesside Office,
Varsity House 2 Falcon Court, Preston Farm Industrial Estate, Stockton-On-Tees, TS18 3TS
Phone: 01642 616616
Gateshead Office,
4 The Staithes, Watermark Gateshead, NE11 9SN
Phone: 01642 616616