Forsyth House 20 Woodland Road Darlington County Durham DL3 7PX

Forsyth House
20 Woodland Road
Darlington
County Durham
DL3 7PX

Freehold Office Investment

  • Occupiers include Oasis Dental Care (Central) Limited and Tees Esk & Wear Valleys NHS Foundation Trust
  • Located on Woodland Road (A68) close to Darlington Town Centre
  • Approximately 1,522 sq m (16,379 sq ft) office accommodation
  • On-site parking for 11 cars
  • Lot
    57
  • Auction
    11th December 2014
  • Rent
    £137,540 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Office Investment

  • Occupiers include Oasis Dental Care (Central) Limited and Tees Esk & Wear Valleys NHS Foundation Trust
  • Located on Woodland Road (A68) close to Darlington Town Centre
  • Approximately 1,522 sq m (16,379 sq ft) office accommodation
  • On-site parking for 11 cars
  • Lot 57
  • Auction 11th December 2014
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
22 miles south of Durham
18 miles west of Middlesbrough
Roads
A68,A66,A1 A1(M) (Junction 58)
Rail
Darlington Railway Station & North Street Railway Station
Air
Durham Tees Valley Airport (11 miles)
Situation

The property is situated on the northern side of Woodland Road (A68) approximately five minutes walk from Darlington town centre and close to Darlington Railway Station providing direct services to London, Edinburgh, Glasgow, Cardiff and Newcastle.

Tenure

Freehold.

Location
Miles
22 miles south of Durham
18 miles west of Middlesbrough
Roads
A68,A66,A1 A1(M) (Junction 58)
Rail
Darlington Railway Station & North Street Railway Station
Air
Durham Tees Valley Airport (11 miles)
Situation

The property is situated on the northern side of Woodland Road (A68) approximately five minutes walk from Darlington town centre and close to Darlington Railway Station providing direct services to London, Edinburgh, Glasgow, Cardiff and Newcastle.

Tenure

Freehold.

Description

The property comprises a detached three storey office building and benefits from a ground floor reception area, a passenger lift and onsite parking for approximately 11 cars.

VAT

VAT is applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a detached three storey office building and benefits from a ground floor reception area, a passenger lift and onsite parking for approximately 11 cars.

VAT

VAT is applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
First Office
507.25 sq m
(5,460 sq ft)
OASIS DENTAL CARE
(CENTRAL) LIMITED (1)
15 years from
31/03/2010 (2)
£46,400 30/03/2025
Part Ground
and Second
Office
507.53 sq m
(5,463 sq ft)
SERVICED OFFICES OPERATED BY REGUS – PLEASE REFER TO
LEGAL PACK (3)
Second Office
219.81 sq m
(2,366 sq ft)
Part Ground Office
287.07 sq m
(3,090 sq ft)
TEES ESK & WEAR
VALLEYS NHS
FOUNDATION TRUST
Office Service
Agreement for 7
months from 01/11/2014
£91,140
(gross) (4)
31/05/2015
Totals
1,521.66 sq m
(16,379 sq ft)
    £137,540 (gross) (4)

(1) Launched in 1996, Oasis Dental Care is a leading provider of both NHS and private dental care with more than 300 dental practices across the UK. (Source: www.oasisdentalcare.co.uk 04/11/2014)
(2) The lease to Oasis Dental Care(Central) Limited provides a tenant’s option to determine on the tenth anniversary of the term.
(3) Darlington Woodland Road Centre Limited is a subsidiary of Regus Group Limited. These areas are operated as a business centre via Forsyth Business Centres (part of the Regus Group). Please see the legal documentation for further information.
(4) The office service agreement fee of £91,140 p.a. is a gross figure which has been anualised. After management fees, rates and service charges the net income is approximately £45,300 p.a.

Property Documents

  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    985 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.14
    File Size
    56 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Kennedys 25 Fenchurch Avenue
London
EC3M 5AD
Maria Papettas 0207 667 9399maria.papettas@kennedyslaw.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now