DESCRIPTION
The property comprises a modern steel portal frame industrial unit. It includes office accommodation arranged over the ground and first floors, comprising multiple rooms with carpeted flooring, a kitchenette, and WC.
The warehouse is open plan, providing an eaves height of approximately 4.6 metres, and benefits from a roller shutter loading door.
Externally, there is a self-contained parking space to the front of the unit which will be made available by way of licence.
SERVICES
We are advised that the property is connected for all mains services including 3 phase electricity, water and drainage.
ACCOMMODATION
The property includes the following gross internal areas:
Warehouse 144.23 sq m / 1,552.45 sq ft
Office 127.74 sq m / 1,375.03 sq ft
Total GIA 272 sq m / 2,927 sq ft
TERMS
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £21,500 per annum for Unit G6-1 (all figures quoted are exclusive of VAT); Available for immediate occupation.
The successful tenant will be required to pay a security deposit at the outset of any agreed lease term.
A service charge and building insurance are payable on demand for the upkeep of the estate’s common areas and the building structure.
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 - £15,570
From April 2026 - £18,250
The Small Business Multiplier for the period from 1 April 2025 to 31 March 2026 is 49.9 pence in the pound.
With effect from 1 April 2026, the Small Business Multiplier will be 43.2 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 C(55).
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.
///pining.hawks.evolution
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