Rent: £25,000 - £25,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
LOCATION/SITUATION
The unit forms part of Time Central, Newcastle’s 82,000 sqft premier office development by St James Park Stadium housing office occupiers such as Muckle LLP, Brewin Dolphin, Ernst Young, Grainger PLC, and Turner & Townsend to name a few.
The space sits over the way from Newcastle Helix 24 acre regeneration site containing flagship science and technology research accommodation, and Home Group are presently constructing their new head office to the rear. Close by is St James Metro Station, St James Park Stadium, Eldon Square Shopping Centre, and The Gate leisure complex.
ACCOMMODATION
Arranged over ground floor only, with the following approximate dimensions and floor areas:
| Ground Floor Area | 173 M2 | 1,858ft2 |
LEASE TERMS
A new effective Full Repairing & Insuring lease for a term to be agreed is available at a rent of £25,000 per annum exclusive, subject to vacant possession.
EPC
The property has an Energy Performance rating of C 15. Full details available upon request.
SERVICE CHARGE
A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. Further details available upon request.
BUSINESS RATES
| Rateable Value | £35,250 |
| 2023/2024 UBR | £0.499 |
| Estimated Rates Payable | £4,397* |
*(with relief)
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.
VIEWING
For enquiries, viewing by appointment, and general information, please contact @retail.
Pete Townsend
E: pete@atretail.co.uk
M: 07713 151970
Property type: Leisure, Retail
Rateable value: £40,500
Planning use: E Class
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