Property description
SITUATION
The property is situated on Portland Terrace, which I just off Sandyford Road in Jesmond. The premises are approximately 0.25 miles from Newcastle City Centre and are in one of Newcastle’s most sought after office locations.
The transport links are excellent with the inner urban motorway providing access to the A1 (M) North and South. The property is also close to Jesmond Metro Station and several bus routes operate in the area.
DESCRIPTION
The property comprises an office building set over four floors, with the benefit of parking to the rear of the property which may be available.
ACCOMMODATION
The accommodation comprises:
Ground Floor
85.2m²
(917.07ft²)
First Floor
79.3m²
(853.56ft²)
Second Floor
16.5m²
(177.60ft²)
Third Floor
Occupied
Total Available
181.0m²
(1948.2ft²)
TERMS
The offices are available by way of a new flexible lease for a term of years to be agreed. Rental price is available upon application.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Ground Floor
£10,250
£4,827.75
First Floor
£10,000
£4,710.00
Second Floor
£1,650
£777.15
We are advised that the rateable value of the premises as at 1 April 2010 is as above 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 :
- Ground, first and second floor offices to let
- Suites from 16.5m² (177.6ft²) - 181m² (1,948.2ft²)
- Sought after office location
- Flexible new lease terms available
- Viewing by appointment