Light industrial unit described as follows:
Unit 1
Pitched roof steel portal framed
building alongside additional brick built
office and storage accommodation. This unit
is serviced by a three phase electricity
supply, mains water and an electrical
heating system. The unit also benefits from
WC facilities.
ACCOMMODATION
The property includes the following approximate gross external areas:
Steel portal frame (1) 486.35 sq m / 5,235 sq ft
Steel portal frame (2) 380.90 sq m . 4,100 sq ft
Office, storage and WC 153.29 sq m / 1,650 sq ft
Total 1,020.54 sq m / 10,958 sq ft
TERMS
The premises are available on a new full repairing and insuring lease at a rent of £27,500 per annum (all figures quoted are exclusive of VAT).
The successful tenant (s) will be required to pay a security deposit at the outset of any agreed lease term. All other terms shall be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
1st April 2023 to present - £30,750
20th April 2021 to 31 March 2023 - £23,000
The Uniform Business Rate (UBR) for the financial year 2025/2026 is £0.499.
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:
Unit 1 - EPC rating C (68)
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.
///care.landed.headlight
VIEWINGS
Viewings are strictly by prior appointment with GFW.
IMPORTANT NOTICE
Every care has been taken with the prepara-tion 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 infor-mation 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