Large multi-let industrial estate with clear redevelopment potential for investors.
Total floor area 57,590 sq ft across approx 7.5 acres
Current rental income £105,000 per annum
Long leasehold: c.980 years remaining, peppercorn ground rent
Planning consent for B1, B2 and B8 uses
Four open storage plots and large surfaced service yard
Units' condition varies; some require refurbishment or repair
Slow broadband speeds in the local area
Above-average local crime; factor into management costs
Hadrian Enterprise Park is a substantial multi-let industrial estate totalling 57,590 sq ft across circa 7.5 acres. The estate produces a current rental income of £105,000 per annum and sits on a long lease with approximately 980 years remaining and a peppercorn ground rent, offering a secure, long-term income profile for an investor seeking scale in a strategic northern location.
The estate benefits from full mains services including three-phase electricity, gas, water and drainage, planning consent for B1, B2 and B8 uses, and excellent road and rail links via the nearby A69 and Haltwhistle train station. The site includes four open storage plots and external yard space suitable for logistics, storage or light industrial occupiers, with an existing site density of only 19% providing development upside on the available land.
Units vary in condition across the estate and some accommodation will require refurbishment or repair; viewings are advised. Broadband speeds are reported slow and the area records above-average crime levels, both practical considerations for occupational demand and management. The asset is offered at a guide price of £1,000,000 with the final available unit marketed separately — suitable for investors or owner-occupiers willing to invest in refurbishment or further site development.
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