Summary - Haltwhistle, Northumberland, NE49 NE49 0EX
1 bed 1 bath Industrial Park
Multi-let industrial estate with income and development potential near A69.
Circa 57,590 sq ft of industrial and warehouse accommodation
A substantial multi-let industrial estate close to the A69 and Haltwhistle rail station, offered on a long lease with circa 7.5 acres and 57,590 sq ft of buildings and yards. The park currently produces £105,000 per annum in rental income and includes open storage plots, yard space for heavy vehicles and mains services including three-phase electricity.
The estate is reversionary and presents immediate income plus clear upside: low existing site density (19%) gives scope to develop further on available land, and one unit remains available now. Units vary in size and eaves height, suitable for warehousing, light manufacturing or storage; the mix and external space suit occupiers needing flexible yard and loading arrangements.
Buyers should note the estate is mixed condition. Some roofs and building elements are described as derelict or unkempt and several units will need repair or refurbishment. Broadband speeds in the area are slow and the local crime rate is above average—factors to consider for certain occupiers. The leasehold title has around 980 years remaining on a peppercorn ground rent, offering long tenure security.
For investors this is a value-driven, income-producing asset with development potential; for an occupier the site offers large external storage and good transport links but will require capital to bring all units to modern standards.
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