136-138, Northumberland Street, Newcastle Upon Tyne, NE1 7DQ.

DESCRIPTION

The property comprises a prominent corner building property with return frontage on to Ridley Place. The property benefits from accommodation across three floors as well as a basement. The property could be suitable for a variety of uses subject to the correct permissions.

ACCOMMODATION

The property includes the following approximate net internal areas:

Ground Floor 115.5 sq m / 1,200 sq ft

First Floor 106 sq m / 1,140 sq ft

Second Floor 66.4 sq m / 715 sq ft

Total 287.9 sq m / 3,055 sq ft

In a addition, we understand the property benefits from a basement but we have not been able to inspect at this time.

TERMS

The premises are available by way of a new full repairing and insuring lease at a rent of £135,000 per annum.

RATING ASSESSMENT

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

2023 - £95,000

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

A new Energy Performance Certificate has been commissioned and will be available shortly.

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.

///pulled.nature.pokers

VIEWINGS

Viewings are strictly by prior appointment with GFW or our joint agents.