Thorn Lighting

Durham, United Kingdom

Property description

Property Type​

Logistics / Light Industrials

The asset is a large industrial distribution warehouse constructed in 2008. Unit 1 is a larger unit and contains 2 storey office and amenity accommodation. Unit 2 is a smaller, self-contained unit. Both units have a minimum clear eaves height of 6 meters.

The property comprises a larger unit 1 extending to 391,744 ft² (36,394 m²) and an attached, smaller unit 2 of 52,666 ft² (4,893 m²), both with integral 2-storey offices and amenities.

The site extends to 33.56 acres (13.582 Ha) and the existing buildings represent 30% site cover.

The property is located south of Spennymoor town centre, close to the A688 linking to the A1(M) motorway (Junction 61), 2 miles (3.2 km) to the north-east. Durham is 6 miles (9.65 km) north.

The immediate surrounding area is characterised by industrial uses and large residential areas.

The A1(M) motorway provides fast road links to the North East, Middlesborough and the regional port cities of Sunderland and Newcastle upon Tyne. To the south, the A1(M) links with the M1 (to the Midlands and London) and the M62 (to Hull and the North West).

Butchers Race, Spennymoor, England, DL16 6HL, United Kingdom.

Acquisition Date

17/12/2021

NLA (sqm)

41,611

Lease Type

Single Tenant

Land Tenure

Freehold

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