This property is located within Gosforth Business Park which is located 1 mile from the A1 and is in close proximity to the A189, being situated 4 miles north of Newcastle city centre and 4 miles from Newcastle International Airport.
Gosforth Business Park is occupied by many other large Companies such as Home Group, Greens Fitness & Leisure Club and RMT Accountants.
The property comprises one vacant ground floor suite and an upper floor that is occupied by a firm of accountants. This is an end terraced double storey office unit benefiting internally from tinted double glazing, comfort cooling, Cat II lighting and suspended ceilings. There is also a security alarm and door entry system incorporated.
Each Party will be responsible for their own legal costs.
All figures are net of VAT where applicable.
The asking rental for the vacant suite is£17,500 per annum exclusive. There is an estate charge for the maintenance of the external areas which has yet to be calculated. A freehold investment option is also available with a rental income from the 1st floor of circa £15,488 per annum fixed until 2019. The asking price for the freehold interest is £370,000.
We understand the units have B1 Office Use under the Town & Country Planning (Use Classes) Order 1987 (as amended).
The rating assessment as listed on the Valuation office website (www.voa.gov.uk) is as follows:
Ground Floor Rateable Value: £12,500
First Floor Rateable Value: £13,000
Further Information and Viewings
Viewings are strictly by appointment through this office. For more information please contact us direct.