12, Bankside, The Watermark, Gateshead, Tyne and Wear, NE11 9SY.

DESCRIPTION

The property provides ground and first floor office accommodation.

The ground floor has entrance hall and four partitioned offices. previously used by an aesthetics business. There is also a kitchen and WCs

The first floor is partitioned to provide larger open plan space and 3 smaller individual offices. There is also a kitchen and WCs.

Each office has dedicated parking spaces

ACCOMMODATION

The property includes the following gross internal areas:

Ground Floor 108.7 sq m / 1,170 sq ft

First Floor 119.3 sq m / 1,284 sq ft

Total 228 sq m / 2,454 sq ft

TERMS

The premises are available by way of a new effective full repairing and insuring lease at a rent of £25,000 per annum). VAT is chargeable. All other terms are to be agreed by negotiation.

Alternatively:

The ground floor is available by way of a new effective full repairing and insuring lease at a rent of £13,000 per annum (exclusive). All other terms are to be agreed by negotiation.

The first floor is available by way of a new effective full repairing and insuring lease at a rent of £13,000 per annum (exclusive). All other terms are to be agreed by negotiation.

RATING ASSESSMENT

The rating assessment currently appearing on the Valuation List is as follows:

Ground Floor - £11,250

First Floor - £13,000

The Small Business Rate for the year 2025/2026 is 49.9 pence in the pound.

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.

ENERGY PERFORMANCE

The property has an Energy Performance Certificate rating of B(48).

VAT

All figures are exclusive of VAT where chargeable..

IMPORTANT NOTE:

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.