Key features
- 0.2 miles from Central Train and Metro Stations
- 0.2 miles from Monument Metro Station
- 0.3 miles from A167(M)
- 0.3 miles from Tyne Bridge
- 0.8 miles from A695
- Awaiting EPC Rating
- Bus stops located 25 yards away
- First and second floor office accommodation
- Private access and window display at ground floor level
- Prominent city centre location
Description
LOCATION
The subject property is located on the corner of Newgate Street and Clayton Street in Newcastle upon Tyne city centre. The property is situated within a popular and established retail and business location with surrounding occupiers including Wilko, KFC, Tesco, Madlron Hotel, Ladbrokes and Subway. Eldon Square and Grainger Market are less than 100 yards away.
The property is situated 0.2 miles from both Monument Metro Station and Central Train and Metro Stations. Newgate Street is serviced by local bus routes with a bus stop located outside. Road links include the A167(M) and Tyne Bridge which are 0.3 miles away, St James Boulevard is 0.8 miles away and the A695 and Redheugh Bridge are 0.9 miles away.
DESCRIPTION
The subject property comprises first and second floor office space benefiting from a prominent glazed ground floor entrance. Internally the office space provides predominantly open plan office space with dedicated meeting rooms and finished to a good standard throughout.
ACCOMMODATION
First floor |
77.5m² |
834ft² |
Second floor |
76.5m² |
823ft² |
Total |
154.0m² |
1,657ft² |
RATING ASSESSMENT
Description |
RV |
Estimated Rates Payable |
Office and Premises |
£9,400 |
£4,690.60 |
We are advised that the rateable value of the premises as at 1 April 2017 is £9,400 and we have estimated the actual 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 £16,500 (Sixteen Thousand Five Hundred 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]
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