Rent: £16,500 - £16,500
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
LOCATION/SITUATION
The property is situated on Blandford Square on the fringe of Newcastle City Centre and overlooking St James Boulevard with an average daily traffic flow of over 17,000. Directly opposite is a public pay and display car park and is in close proximity to the Discovery Museum, Dance City, Student Roost, Grainger Town Multi-Story car park as well as to Hadrian’s Tower, Newcastle tallest building. The helix redevelopment site is also close by providing prime office and residential accommodation.
ACCOMMODATION
Arranged over ground floor only with stepped access and an external store, the property has following approximate dimensions and floor areas:
Ground Floor Area | 133 sqm | 1430 sqft |
External Store | 18 sqm | 194 sqft |
LEASE TERMS
Subject to Vacant Possession – A new effectively Full Repairing & Insuring lease for a term to be agreed is available at a rent of £16,500 per annum exclusive. Additional space within the
building may be available subject to requirements.
Dedicated parking available by separate negotiation.
EPC
The property has an Energy Performance rating of C62. A copy is available on request from this office.
BUSINESS RATES
Rateable Value | £11,250 |
Estimated Rates Payable2023 (*100% relief available) | £5,613 or £0* |
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
There is a service charge for the upkeep of the property and communal areas budgeted at £3.25 per sqft per annum.
VIEWING
For enquiries and general information please contact @retail. Viewing strictly via appointment.
Pete Townsend
E: pete@atretail.co.uk
M: 07713 151970
Property type: Retail
Rateable value: £11,250
Planning use: E
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