DESCRIPTION
The property comprises a two-storey commercial premises arranged to provide office accommodation across the ground and first floors, forming part of a larger Grade II Listed building (Historic England List Entry 1257505).
The accommodation includes multiple offices, meeting rooms, a kitchenette, and WC facilities, all presented in reasonable to good condition and will be available for occupation from Q1 2026. The premises benefit from two allocated parking spaces to the rear of the building.
Please note: as a listed building, any alterations require consent from the Landlord and the Local Planning Authority.
SERVICES
We are advised that the property is connected for all mains services including electricity, water and drainage.
ACCOMMODATION
The property includes the following net internal areas:
Ground floor 42.62 sq m / 458.76 sq ft
First floor 34.17 sq m / 367.80 sq ft
Total NIA 77 sq m / 827 sq ft
TERMS
The premises are available by way of a new effectively Full Repairing and Insuring (FRI) lease at a rent of £14,500 per annum (all figures quoted are exclusive of VAT), for a term of years to be agreed.
The successful tenant will be required to pay a security deposit at the outset of any agreed lease term, and building insurance is payable on demand.
All other terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
April 2023 to present - £14,750
From April 2026 - £15,000
The Small Business Multiplier for the year 1 April 2025 to 31 March 2026 is 49.9 pence in the pound. With effect from April 2026, the Small Business Multiplier will be 43.2 pence in the pound.
PLANNING
The property currently benefits from planning permission for mixed office and community use (formerly Use Classes B1/D1, now broadly falling within Class E and Class F1 under the Town and Country Planning (Use Classes) Order 1987 (as amended)).
The accommodation is well suited to office and other commercial uses, and there may be potential for alternative uses, subject to obtaining any necessary planning consents.
Interested parties are advised to make their own enquiries with the Local Planning Authority.
ANTI-MONEY LAUNDERING
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
EPC
An Energy Performance Certificate has been commissioned and is currently being prepared. Further information is available upon request.
VAT
All figures are exclusive of VAT where chargeable.
WHAT3WORDS
Every three metre square of the world has been given a unique combination of three words. A free App is available for iOS and Android smartphones and using the unique sequence of words below you will be able to pinpoint this property.
///solo.heave.prom.
VIEWINGS
Viewings are strictly by prior appointment with GFW.
IMPORTANT NOTICE
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. All dimensions/boundaries are approximate. The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. These particulars do not constitute a contract or part of a contract.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG