Newcastle City Centre, Newcastle upon Tyne, Tyne and Wear, United Kingdom

Report Listing

Office For Rent

£11,500

Newcastle City Centre
Newcastle upon Tyne, Tyne and Wear, United Kingdom

Listed By: Listanza Services Group

Listed On: 01/10/2023

Listing ID: GL6609313 View More Details

Description

Ground and first floor office suites within a three storey building providing traditional office accommodation, conveniently located in the centre of Newcastle available to let either as a whole or on a floor by floor basis.LocationThe property is located on Higham Place, opposite The Laing Art Gallery. The A167(M) Central Motorway is located adjacent to the building and provides easy access to the Tyne Bridge to the south and the A1(M) to the north.Newcastle's prime retail areas of Northumberland Street and Intu Eldon Square Shopping Centre are only a few minutes' walk away and Newcastle Central Railway Station can be reached within around 10 minutes' walk.There is on street metered car parking to the front of the building and multi-storey car parks close by.DescriptionThe property comprises a three-storey building of brick construction under a slate covered pitched roof. Internally, it provides traditional office accommodation over ground, first, second and attic floors. There are communal kitchen and toilet facilities. There is a small shared yard to the rear of the property.AccommodationThe ground and first floors are currently available to let as either a whole or on a floor by floor basis. We have measured each floor as providing the following net internal floor areas:Ground floor40.78 sq m(439 sq ft)First floor67.07 sq m(722 sq ft)TOTAL107.85 sq m(1,161 sq ft)termsThe accommodation is available to let on an internal repairing basis for a term of years to be agreed. The agreement will be contracted out of Part II of the Landlord Tenant Act 1954.The accommodation is available to let as follows:Ground floor£7,000 per annumFirst floor£11,500 per annumThis is a fully inclusive rent which covers the costs of maintaining the building and common areas, as well as providing heating and lighting to all parts of the building.OutgoingsThe whole of the property is subject to a single rating assessment and therefore, a proportion of the business rates payable will also be recovered through the service charge. Further details are available on request.VATAll figures quoted above are exclusive of VAT where chargeable.Legal costsEach party are to bear their own legal costs in connection with the preparation and execution of the lease.OtherEnergy performance certificateThe whole of the property has an EPC rating of e-104. A copy of the EPC and recommendation report is available on request.Code of practice for commercial leasesThe Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,ViewingStrictly by appointment with sole agents, YoungsRPS. For more details and to contact: