DESCRIPTION
A self-contained ground floor office suite situated at the front of the building overlooking the carpark. Access from the courtyard to the rear..
The suite is self contained with WC to the rear.
The accommodation is currently laid out to provide an open plan office area incorporating a tea point area, meeting room and internal office.
The ceiling and wall are plastered and decorated. LED lighting. Carpeting to floor.
On site car parking is immediately adjacent to the building.
ACCOMMODATION
The property includes the following gross internal areas:
Suite 2 - 112. 2 sq m 1,197 sq ft
TERMS
The premises are available to let at an initial rent of £13,200 per annum plus VAT / £1,100 plus VAT per month (Rent can be fixed for up to 3 years).
£75 plus VAT per month heating charge.
Electricity costs recovered based in submeter readings. Otherwise inclusive of all services.
Flexible lease. For example 3 year lease with annual tenants break option.
RATING ASSESSMENT
The unit is currently jointly assessed in the Valuation List with Unit 3b Unit 2 will be subject to reassessment - Estimated Rateable Value £7,750
The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound. Qualifying business will receive full rates relief.
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 A(18).
VAT
All figures are exclusive of VAT where chargeable.
Contact Branch
Newcastle
Dean Street Arch
22 Dean Street
Newcastle upon Tyne
NE1 1PG
