1st and 2nd Floor Offices, 25, Main Street, Ponteland, Newcastle Upon Tyne, NE20 9NH.

DESCRIPTION

The property comprises first and second floor office suites with shared ground floor access in a prominent Grade II Listing building. The suites have the benefit of carpeted floors and strip florescent lighting. The first floor uses the communal WCs whilst the second floor has an internal WC suite.

ACCOMMODATION

The property includes the following gross internal areas:

1st Floor 53.42 sq m /575 sq ft

2nd Floor 51.10 sq m / 550 sq ft

Total 104.52 sq m / 1,125 sq ft

TERM

The premises are available by way of a new effectively full repairing and insuring lease at a rent of £12 per sq ft. All other terms are to be agreed by negotiation.

Service charge and buildings insurance are also payable on demand.

RATING ASSESSMENT

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

First Floor - £6,200

Second Floor - £4,650

Total - £10,850

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 property has an EPC rating of D(76)..

VAT

All figures are exclusive of VAT where chargeable.