DESCRIPTION
The property comprises a private first floor office suite with shared ground floor access in a prominent Grade II Listing building. The
suite has the benefit of carpeted floors and strip fluorescent lighting. The suite has recently had a small kitchenette installed, as well as a private meeting room and storage and is in great
condition.
ACCOMMODATION
The property includes the following gross internal areas:
1st Floor 52.17 m2 561 sq ft
TERM
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £7,300 per annum or £608.33 monthly. 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 - £4,800
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.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG