Newcastle upon Tyne, 3rd Floor Bradburn House

Rent: £5,500 - £5,500

Region: Tyne and Wear

Town/City: Newcastle upon Tyne

SITUATION
The premises are located within Bradburn House, which comprises a mid-terraced period building arranged over four floors, with McDonalds restaurant on the ground floor and a mixture of office and salon space above. Bradburn House sits directly opposite the main entrance to Eldon Square Shopping Centre from Northumberland Street, which generates substantial footfall levels.

 

ACCOMMODATION
The opportunity is located on the second floor and is largely an open plan suite with strip lighting and shared WC facilities on the landing.

Net Internal Floor Area

85m2

910ft2

LEASE TERMS
The accommodation is available by way of a new EFRI lease for a term to be agreed at an initial rental of £5,500 per annum exclusive. Please note the aforementioned figures are exclusive of Non-Domestic Business Rates, service charges and all other outgoings.

 

EPC
The property has an Energy Performance Certificate of Band G (195). A full copy of the EPC is available upon request.

BUSINESS RATES

Rateable Value	£4,900
2020/2021 UBR	£0.499
Estimated Rates Payable	£2,445

Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

 

SERVICE CHARGE
There is a service charge in place to recover the cost of the upkeep of the common areas and the external structure of the building. Further details are available upon request.

 

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 and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
T: 0191 280 4237
M: 07949 938210