Key features
- City centre office space
- Total size of 141m² (1,515ft²)
- Arranged over four floors
- Awaiting EPC Rating
- Suitable for a variety of uses STPP
- Prominent city centre location
- Bus stops located outside of the property
- 450ft from Monument Metro Station
- 0.2 miles from Tyne Bridge
- 0.2 miles from A167(M)
Description
LOCATION
The subject property is located on Pilgrim Street in Newcastle upon Tyne city centre. Pilgrim Street is a main road through Newcastle upon Tyne that links Tyne Bridge with city centre. Pilgrim Street is a popular business, retail and leisure location and is prominently located close to Northumberland Street and New Bridge Street and is opposite the newly developed STACK Newcastle.
The property benefits from having a bus stop directly outside and is conveniently located just a short walk from Monument Metro Station and intu Eldon Square.
DESCRIPTION
The subject property comprises office accommodation arranged over first, second, third and fourth floors. The accommodation is currently occupied as a yoga studio and beauty salon with the 4th floor currently used for storage. There are communal kitchen and WC facilities on the split-level floors with the main entrance providing direct access from Pilgrim Street.
The premises may be suitable for a variety of uses STPP.
ACCOMMODATION
First floor |
45m² |
484ft² |
Second floor |
36m² |
387ft² |
Third floor |
30m² |
322ft² |
Fourth floor |
30m² |
322ft² |
Total |
141m² |
1,515ft² |
RATING ASSESSMENT
Description |
RV |
Estimated Rates Payable |
Offices and Premises |
£6,800 |
£3,393.20 |
We are advised that the rateable value of the premises as at 1 April 2017 is £6,800 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.
EPC RATING
Awaiting EPC Rating
TERMS
The property is available by way of a new lease with terms to be agreed at £15,000 (Fifteen Thousand Pounds) per annum.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall.
Tel: 0191 232 8080
Email: [email protected]
Similar properties in the area
Office to let
3rd Floor, 1 Hood Street, Newcastle upon Tyne, NE1 6JQ
Please contact us for full details.
Office to let
3 Hood Street, Newcastle Upon Tyne, Tyne And Wear, NE1 6JQ
2959 sq. ft (274.9 m²)
Please contact us for full details.
Office to let
Suite 8 (Third Floor), Sixty Grey Street, Newcastle Upon Tyne, Tyne And Wear, NE1 6AH
2228 sq. ft (206.99 m²)
Please contact us for full details.
Office to let
71, Grey Street, Newcastle Upon Tyne, Tyne And Wear, NE1 6BF
3427 sq. ft (318.38 m²)
Please contact us for full details.
Request a valuation of your property from local experts
Enquire now