SITUATIONNorden House is situated on Stowell Street in the centre of Newcastle upon Tyne. The property is within walking distance of the St James Boulevard redevelopment area which has seen substantial redevelopment to provide one of Newcastle’s prime office locations. Located in the heart of Newcastle’s China Town and adjacent to the historic Blackfriars area, Norden House is ideally positioned for access to all of the City’s transport and service facilities including a number of near by car parks. DESCRIPTIONNorden House provides a range of office suites over two floors served by an attractive entrance foyer with a lift service to both floors. The office suites are carpeted throughtout and are heated by panel radiators. All suites have good natural light with views over either Stowell Street or the historic Blackfriars area. Each office has door entry control to the main entrance foyer and access to shared toilet facilities. 24 hour access is available to all suites.ACCOMMODATIONThe accommodation comprises:Suite 615.7m² (169ft²)TERMSThe suite is available on a new agreement for a minimum of six months. Tenant will be responsible for internal repairs and decoration and payment of rent, service charge and insurance as detailed. SERVICE CHARGE & INSURANCEThe service charge includes heating, lighting, water, common areas, toilet cleaning, foyer cleaning and external repairs. The costs per annum are outlined below:Service ChargeInsuranceSuite 6£900£50.00All charges are subject to VAT and approximate. RATING ASSESSMENTDescriptionRVEstimated Rates PayableOffice Suites£1,725£812.48We are advised that the rateable value of the premises as at 1 April 2010 is £1,725 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 COSTSEach party is to bear their own legal 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 net of VAT.
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