DESCRIPTION
The property comprises a two storey commercial unit with a large retail glazed frontage. Internally, the property is well appointed and previously fit-out as an estate agency office although other uses would be suitable subject to the relevant permissions.
ACCOMMODATION
The property includes the following approximate net internal area
Suite 2 & 3 58.06 sq m / 625 sq ft
TERMS
The premises are available by way of a new effectively full repairing and insuring lease via service charge . All other terms to be agreed by negotiation.
Suites 2 & 3 - £4,680 with a service charge ent of £1,428.78 per annum.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
2023 - £4,100
The Small Business Rate for the year 2025/2026 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 Energy Performance Certificate rating:
Suites 2 & 3 - C(57)
VAT
All figures are exclusive of VAT where chargeable.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
