DESCRIPTION
The units form part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
ACCOMMODATION
The property includes the following gross internal areas:
DESCRIPTION
The units form part of a terraced row with a shared open yard area to the front. They are single-storey steel portal frame construction and have the benefit of roller shutter doors.
ACCOMMODATION
The property includes the following gross internal areas:
Unit 4C - 46.54 sq m / 501 sq ft
Unit 4D 46.54 sq m / 501 sq ft
Unit 5B 113.99 sq m / 1,227 sq ft
Unit 5E 65.68 sq m / 707 sq ft
Unit 30B 139.81 sq m / 1,505 sq ft
TERMS
The property is available to let by way of a new lease for a minimum of 3 years on Internal Repairing only terms. Rents quoted are exclusive of VAT, rates and utilities.
Unit 4C - £4,258.50 with a maintenance rent of £716 per annum.
Unit 4D - £4,258.50 with a maintenance rent of £716 per annum.
Unit 5B - £9,202.50 with a maintenance rent of £1,742 per annum.
Unit 5E - £5,656 with a maintenance rent of £1011 per annum.
Unit 30B - £11,663.85 with a maintenance rent of £2,152 per annum.
The maintenance rents are estimated and will need to be confirmed.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
Unit 4C - £3,600
Unit 4D - £3,600
Unit 5B - £7,600
Unit 5E - £4,700
Unit 30B - £8,900
The Small Business Rate for the year 2024/2025 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 properties have the below Energy Performance Certificates:
Unit 4C - E(106)
Unit 4D - E(107)
Unit 5B - D(100)
Unit 5E - E(119)
Unit 30B - C(57)
VAT
All figures are exclusive of VAT where chargeable.
VIEWINGS
Viewings are strictly by prior appointment with GFW.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
