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Newcastle upon Tyne, 12 Blandford Square
Newcastle upon Tyne, 12 Blandford Square

Rent: £20,000 - £20,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne


LOCATION/ SITUATION
The property is situated on Blandford Square in Newcastle City Centre and overlooking St James Boulevard, opposite a public pay and display car park and is in close proximity to the Discovery Museum, Dance City, Grainger Town Multi-Story car park and in close proximity to Hadrian’s Tower, Newcastle tallest building set for completion late 2020.
As well as the development of Hadrian’s Tower, substantial redevelopment projects are nearby including the flagship Helix development. More information on https://newcastlehelix.com/

 

ACCOMMODATION
The premises offer the following approximate floor areas and dimensions on ground floor level:

Gross Frontage 12.0 m 39’6”
Internal Width 9.0 m 29’ 6”
Build Depth 21.3 m 70’
Total Ground Floor 165.7 sq m 1,783 sq ft

TENURE
Subject to vacant possession, the premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed incorporating five yearly upward only rent reviews at a rent of £20,000 pa excl.  Incentives are available.

 

PLANNING
The unit has the benefit of A1 consent however is suitable for a variety of other uses subject to consents.  Interested parties should verify this with the Local Authority with regards to their specific use.

 

RATES
We are advised by the local rating authority that the premises are assessed as follows:

Rateable Value £15,561
Rates Payable April 2019/20 £7,640

Interested parties should make their own enquiries of the local rating authority for verification of the above and individual circumstance.

 

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in connection with the transaction.

 

ENERGY PERFORMANCE CERTIFICATE
According the EPC register, the rating for the unit is B31.  A full copy of the certificate is available on request.

 

VAT
All figures quoted in these terms are exclusive of VAT where chargeable

 

VIEWING
Strictly by prior appointment joint agents @retail:
Ian Thurlbeck
DD: 0191 280 4236
Mob: 07515 831 417
Email: iant@atretail.co.uk

or

Pete Townsend

Tel: 0191 280 4237

Mob: 07713 151 970

Email: pete@atretail.co.uk

Property type: Retail

Rateable value: £15,561

Planning use: A1

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