SR8 2JF - 1 bed the forge warehouse in Davy Drive, SR8 2JF

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Warehouse for sale in The Forge, Davy Drive, Peterlee, County Durham, SR8

Summary - NORTH EAST COACHWAYS, DAVY DRIVE SR8 2JF

1 bed 1 bath Warehouse

Massive site with strong road links and expansion potential for logistics or manufacturing.
Freehold industrial facility totaling 102,999 sq ft
A substantial freehold industrial asset on The Forge, extending to 102,999 sq ft with a generous site of 8.70 acres and separately negotiable expansion land of 4.11 acres. The building offers three warehouse bays with clear heights from 5.6 m to 8.5 m, a mix of ground and dock level loading, substantial power, a sprinkler system and two-storey ancillary offices and staff facilities — all useful for distribution, light manufacturing or a large storage operator.

Well positioned on an established business park adjacent to the A19, the site provides strong regional connectivity to Sunderland, Middlesbrough and the region’s main ports. The estate hosts major manufacturing and logistics names, underlining the location’s operational appeal. The property is offered freehold at offers in the region of £2,250,000 and has a Rateable Value of £232,000 (April 2023).

Buyers should note practical considerations: the property is a former manufacturing unit and will likely require targeted refurbishment to suit new occupier specifications; the Energy Performance Certificate is pending. The surrounding area is marked by high crime rates and very deprived local indices, which may affect insurance, security costs and staff recruitment. Broadband speeds are average though mobile signal is excellent.

This is a clear opportunity for an investor or owner-occupier seeking a large footprint with expansion potential and strong road links. The scale and servicing (power, sprinklers, multiple loading doors) reduce immediate capital outlay for occupiers who need ready-to-use logistics capability, but realistic budgeting for refurbishment, security and future EPC compliance is advised.

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