CaptureTeesside independent commercial property consultants Dodds Brown LLP has been appointed to market a rare freehold of 20,000 sq ft of prime industrial space in Redcar on Teesside.

The premises consists of two warehouse / factory units of 12,492 sq ft and 8,144 sq ft respectively, presently owned by Peterson Engineering Ltd, a business which has supplied the steelmaking industry for more than 35 years, and due to the closure of SSI-UK is looking to move to smaller premises to continue serving its remaining customers.

Located on Limerick Road on the Dormanstown Industrial Estate on the western edge of Redcar town centre, the two units have good road connections via the A1085 and A1042.  Other occupiers on the industrial estate include Howdens Joinery, Plumb Centre, Budget Tyres and Exhausts and ATS Tyres and Exhausts.

Selling agent, Richard Brown, partner at Dodds Brown, says: “This industrial estate has high occupancy levels, so it’s quite rare for freehold property to become available on this site.  The units can be sold separately, or as a whole, to suit the needs of individual purchasers and occupiers.  Despite the reason for the sale, we are confident of good interest due to the strong location.”

Offers for the freehold are based on £395,000 as a whole.  Further information is available from Richard Brown on telephone on 01642 244130 or by email: richard.brown@doddsbrown.co.uk or via the firm’s website www.doddsbrown.co.uk

From its offices in Middlesbrough, Dodds Brown LLP is the largest independent commercial property surveying practice headquartered on Teesside which offers a comprehensive commercial property service and unrivalled local market knowledge across Teesside and throughout the Tees Valley.

Dodds Brown has been trading for more than 125 years and its senior management team has in excess of 100 years combined experience.  It can be contacted by telephone on 01642 244130 or by email: prop@doddsbrown.co.uk or via the firm’s website www.doddsbrown.co.uk