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Commercial
Type: For rent
Tenure : Leasehold
Class: B1 Business
Address: Saint Peter's Wharf, Newcastle upon Tyne, Tyne and Wear NE6 1TW, UK
Categories:
Commercial Property
Office
Rent: £15,000

Location

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.

Description

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.

Accommodation

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.

Terms

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.

Legal Costs

The ingoing tenant will be responsible for the landlords legal fees in the preparation of the new lease.

VAT

VAT is applicable.

Planning

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.

Business Rates

We are advised that the property is currently entered into the Valuation List as follows;

Description: Office

Rateable Value (2010 List): £15,000

Viewings

To arrange a viewing please contact our office directly.


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Commercial Property for rent - Saint Peter's Wharf, Newcastle upon Tyne, Tyne and Wear NE6 1TW, UK

Listed on: 20 August 2015
£15,000 Per annum
Marketed by
North East Commercial Property Ltd
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