Property description

SITUATION
The property is located in a prominent position within this premier office area of Newcastle upon Tyne.

The property is situated approximately 0.5 miles north east of Newcastle City Centre with excellent transport links with the inner urban motorway affording access to the A1M Motorway to the north and south.  

Portland Road also benefits from easy access to the nearby Jesmond Metro Station which is less than 5 minutes walk. 

ACCOMMODATION
The accommodation comprises of two offices located on the second floor with the below sizes:-

Room 129.59m² (319ft²)
Room 216.42m²(177ft²)
Total16.01m²(495ft²)

TERMS
The suites are available by way of new flexible leases for a term of years to be agreed at a rental of £5,200 (Five Thousand Two Hundred Pounds) per annum. 

Service charge applies and information is available on request. 

RATING ASSESSMENT
DescriptionRVEstimated Rates Payable
Offices & £4,900£2,307.90
Premises

We are advised that the rateable value of the premises as at 1 April 2010 is £4,900 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 :

• Second floor office suites to let
• From 16.42m² (177ft²) - 46.01m² (495ft²)
• Prominent position on Portland Road
• Service charge applies
• EPC Rating D84