NE11 9HU, Festival Park Drive, Gateshead, NE11, Gateshead
Listed 15 days ago and may not be available Listed on 2/22/2015
Waterside Drive Gateshead, NE11 9HU
SITUATIONMetro Centre East Business Park is situated on Waterside Drive leading directly to the Metro Centre via Wellington Road. The property benefits from excellent public transport links with bus, rail and Metro Stations close by. The property also benefits from easy access to the A1 (M) and A167 (M), A194 (M), A184 and A692.DESCRIPTIONMetro Centre East Business Park comprises a modern office development and the subject property has been fully refurbished to include suspended ceilings, perimeter trunking, carpeting, male and female WC’s and kitchen accommodation.ACCOMMODATIONThe property comprises a ground floor office suite, having an approximate floor area of 118.17 m² (1272 ft²).The demise includes 4 Car Parking spaces.TERMSThe property is available by way of a new FRI lease for a term of years to be agreed at a rental of £12,500 (Twelve Thousand Five Hundred Pounds) per annum. RATING ASSESSMENTDescriptionRVEstimated Rates PayableOffices & £10,000£4,710PremisesWe are advised that the rateable value of the premises as at 1 April 2010 is £10,000 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 COSTSThe ingoing tenant to be responsible for our clients reasonable legal and surveyors costs involved in the transaction.VATAll 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 to be net of VAT.VIEWINGFor general enquiries and viewing arrangements please contact Bradley Hall Chartered Surveyors.