£15,000 per annum
Commercial Property, Offices
The suite is located on the upper commercial level of St Peters Wharf overlooking the Marina. St Peters Wharf forms part of St. Peters Basin which is located off the A186 Walker Road approximately 3 miles from Newcastle City Centre and benefits from a direct bus service into town. This mixed development offers a range of residential accommodation together with offices, retail and leisure space all with attractive views across the River Tyne.
The opportunity is a single storey office unit with two entrances off the walkway. The unit currently offers an open office space together with 4 partitioned offices and separate staff facilities. The unit is well appointed with carpets throughout and a suspended ceiling. We understand 4 parking spaces are allocated to the suite.
The property has been measured in accordance with the RICS Code of Measuring Practice and has the following Gross Internal Areas (GIA):
Office Suite 1,404 sq.ft. (130 sq.m)
Kitchen and Toilet facilities.
The premises are offered to let by way of a new full repairing and insuring lease for a term of years to be agreed. Asking rent is £15,000 per annum plus service charge contribution, however our client is offering a 50% rent incentive for the first year. There is a service charge of circa £1,600 plus VAT per annum.
The ingoing tenant will be responsible for the landlords legal fees in the preparation of the new lease.
VAT is applicable.
We understand the building has permission for use as A2 under the Town & Country Planning (Use Classes) order 1987 (as amended). For confirmation and further enquires please contact the local council's planning department.
We are advised that the property is currently entered into the Valuation List as follows;
Rateable Value (2010 List): £15,000
To arrange a viewing please contact our office directly.
Property reference: cpsr55y3aw
The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by North East Commercial Property Ltd. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.