Property description

SITUATION
Richmond House is located in Old Brewery Court with access via Starbeck Avenue from Sandyford Road, which provides direct access to Newcastle City Centre, which is approximately 0.5 miles to the west. There is also easy access to the A167 (M) Central Motorway.

Jesmond  is a predominantly professional office and residential location and has good transport links, including Jesmond Metro Station.

DESCRIPTION
Richmond House is a three storey period building of stone and brick construction with a pitched slate roof.

ACCOMMODATION
The accommodation comprises as follows;

Suite 2, Ground Floor  68.67m² (739ft²)

TERMS
The premises are available by way of assignment of the existing lease for a term of five years commencing 18th January 2013. The lease has a current passing rental of £8,750 per annum (increased in January 2015). 

RATING ASSESSMENT
DescriptionRVEstimated Rates Payable
Office Suite£7,600£3,579.60

We are advised that the rateable value of the premises as at 1 April 2010 is £7,600 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
Each party is to bear their own 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 general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.

Property Features :

• Office suite available to let
• Size 68.67m² (739ft²)
• Accessible edge of city centre location
• On site car parking
• EPC Rating E106