Property for sale

Property description

SITUATION
The property is situated less than two miles east of Newcastle City Centre, with good access and transport links via the A1 (M) which is located less than 5 miles away and provides routes both north and south.

DESCRIPTION
The self-contained office forms part of a block of offices on two levels with residential apartments above and overlook the Marina. The suite is at Quay Level and is accessed from the front. The office is finished to a good standard, and has a separate kitchen and WC.

ACCOMMODATION
The accommodation comprises

Office suite51m² (549ft²)

Kitchen and WC 

TERMS
The property is available for sale with a price of offers over £90,000 (Ninety Thousand Pounds) for the benefit of the long leasehold interest. 
The offices are also available on a to let basis on a new lease for a term of years to be negotiated at a rental from £7,000 (Seven Thousand Pounds) per annum. 

RATING ASSESSMENT
Description   RV     Estimated Rates Payable
Shop & Premises  £5,200      £2,449.20

We are advised that the rateable value of the premises as at 1 April 2010 is £5,200 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.

As a new occupier rights of appeal may exist against this assessment.

LEGAL COSTS
The ingoing tenant is responsible for the landlords reasonable legal costs involved in the transaction.

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.

VIEWING
For viewing contact sole agents Bradley Hall  on 0191 232 8080 and speak to Tim Aisbitt. 

Property Features :

• Offices for sale / to let
• EPC Rating G206
• Available immediately
• Size 51m² (549ft²)
• Viewing essential