TO LETon behalf of Sims Group UK Limited

MACKLIN AVENUE | COWPEN LANE INDUSTRIAL ESTATE BILLINGHAM | TS23 4BY

FLEXIBLE AND SECURE PRODUCTION / WAREHOUSE SPACE POWER SUPPLY OF UP TO 5MVAFROM 2,736 SQ M (29,450 SQ FT) TO 25,968 SQ M (279,512 SQ FT)

LOCATION

Billingham is located within Teesside, approximately 6 miles north west of Middlesbrough and 37 miles south of Newcastle upon Tyne.

The town lies just east of the A19 trunk road which runs parallel with the A1 (M) motorway and is one of the major distribution routes in the North East of England. Newcastle International Airport and Durham Tees Valley Airport are within 45 and 20 minutes’ drive respectively.

The property is located on Macklin Avenue within the Cowpen Lane Industrial Estate on the eastern fringe of Billingham town centre, in an established commercial area which also incorporates Belasis Hall Technology Park. The estate is accessed from the north via the A1185 and the south by the B1275, within an approximate 5 minute drive time of the A19 trunk road. Other occupiers on the estate include KP Snacks, Yodel and PD Logistics

ACCOMMODATION

The property has been measured on a gross internal area basis and provides the following approximate areas:

Description m² ft²

Southern Unit

Bay 1 2,772.7 29,845

Bay 2 2,745.3 29,550

Bay 3 2,736.0 29,450

Bay 4 2783.5 29,961

Bay 5 3,464.7 37,294

Two Storey Offices 337.1 3,630

Security/WC Block/Canteen 137.2 1,477

Weighbridge office/staff area 97.7 1051.6

Sub Total 15,074 162,259

Description m² ft²

Northern Unit

Bay 6 3,083 33,185

Bay 7 3,541 38,112

Bay 8 4,098 44,110

Offices 171.5 1,846

Sub Total 10,893 117,253

Total Gross Internal Area 25,968 279,512

DESCRIPTION

The property is situated on a site of approximately 4.52 ha (11.17 acres) and comprises two large industrial units capable of sub-division into eight separate warehouses. The property has been occupied by Sims Recycling Solutions, a division of Sims Group Ltd and benefited from various waste permits personal to Sims. A two- storey office block fronts the southern unit, with a further single storey office fronting the northern unit. Externally the majority of the site is fenced with the added benefit of security gatehouse and CCTV system. There is a WC block and staff/driver canteen area to the front of the southern unit.

A weighbridge is situated on the access to a large concrete yard adjoining the southern unit, with a single storey weighbridge office and staff canteen area also provided. Further concrete yard is situated to the east of the northern unit. In addition there is a shared access road with loading areas between the two units. A dedicated car parking area is located to the front of the southern unit

Steel portal frame units capable of sub-division Power supply of up to 5MVA Minimum eaves height of 5.5m (9.2m at apex) High bay lighting 13 loading doors Extensive secure concrete yard and loading areas Weighbridge (for up to 40ft vehicles and 50 tonnes gross weight) Site has previously benefited from waste permits Secure site – fenced, gateshouse, CCTV Well specified offices Sprinkler tank with localized deluge system (recommissioning

required) Numerous metered water supplies up to 50mm diameter Compressed air supply

SERVICES

We understand that the units benefit from all mains services with the incoming electricity supply being 5 MVA (3 MVA in southern unit and 2 MVA in northern unit). Interested parties should however satisfy themselves in regard to all services.

VAT

We have been advised that the property is elected for VAT and therefore VAT will be payable.

EPC

Details available upon request.

BUSINESS RATES

The property has a rateable value of £300,000 (2010 list). Any disposal of part would result in a separate assessment by the Valuation Office Agency.

TERMS

The property is currently let to Sims Group UK Limited expiring on 17 November 2028 but with a tenant break option on 18 November 2023. Further lease information available upon request. Sims currently occupy a small part of the facility but full vacant possession can be provided if required.

Various options are therefore available: - Under lease in part or whole - Assignment of the lease of the whole - Short term flexible under leases of part

Key Travel Distances Miles Miles

A19 2 Newcastle 37

A1(M) 12 Durham Tees Valley Airport 14

Teesport 12 Newcastle International Airport 43

Middlesbrough 6 Leeds 69

Sunderland 27 Edinburgh 155

Port of Tyne 34

A69

A696

A167

A189

A186

A191

A694

A692

A1058

A184 A1018

A1018

A690

A167

A690

A689

A688

A167

A691

A693

A1290

A1231

A194(M)

A1(M)

A1(M)

A1

A1

A19

A19

A19

A19

TYNETUNNEL

DURHAM

GATESHEAD

WASHINGTON

Cramlington

NEWCASTLEUPON TYNE

MIDDLESBROUGH

HARTLEPOOL

PETERLEE

Port ofTyne

Port ofSunderland

Teesport

NewcastleAirport

SUNDERLAND

63

SEAHAM

Teesside Airport

64

62

61

60

59

Cushman & Wakefield conditions under which particulars are issued Cushman & Wakefield and for the vendors or lessors of this property whose agents they are, give notice that: (i) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of Cushman & Wakefield has authority to make or give any representation or warranty whatever in relation to this property. (iv) All rentals and prices are quoted exclusive of VAT unless otherwise stated. November ’15

Subject to Contract

Chris Donabie Tel: 0191 223 5809 chris.donabie@cushwake.com

Emma Conville Tel: 0191 223 5716 emma.conville@cushwake.com

FOR FURTHER INFORMATION

For Further information contact the sole agents:

0191 223 5800cushmanwakefield.co.uk

SUBJECT TO CONTRACT

A19Central Avenue

Cowpen Lane

Belasis Avenue

A1027A1027

New Road