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Under offer

Office / Development Opportunity

Gateshead £310,000 Freehold REF: NE1647

Location

This property is located on an imposing terrace overlooking the main transport exchange, in the heart of the town centre. 

The immediate area offers predominantly commercial and office accommodation with on street metered parking. There are student halls above the nearby Trinity Square shopping centre which provide rooms for Northumbria University students and Newcastle City centre is a 15 minute walk away via the High Level Bridge. There are regular bus departures from the neighbouring Transport Exchange and the Metro system links Gateshead with Sunderland, the airport and the coast.

Description

The property is a mid-terrace four storey Grade 2 listed building with a pitched slate roof.  The current office space has previously been used as a GP surgery and also by a range of occupiers, including accountants and legal costs draughtsmen.

Accommodation

The GIA is 452 sq.m. (4,860 sq.ft.) Comprising;

Basement        

Stores               circa 250 sq.ft. (23 sq.m.).

Ground Floor  

Suite 1              circa 785 sq.ft. (73 sq.m.).

Suite 2              circa 840 sq.ft. (78 sq.m.).

Communal W.C.

Half Landing

Kitchen

Ladies Toilets

Gents Toilets

First Floor

Suite 3              circa 1,200 sq.ft. (110 sq.m.).

Attic Space

Suite 4              circa 280 sq.ft. (26 sq.m.).

Suite 5              circa 261 sq.ft. (24 sq.m.).

External

Yard

3 x Garages (2 of which are currently rented out).

Planning

Consent has been granted for the conversion of the building into an office suite, 1x 1 bed flat and 4x 2 bed flats with parking. Application Ref; DC/18/00217/FUL

EPC Rating

Rating E

Services

There is water, electricity and gas to the property. 

Business Rates

Basement                     RV £770

Suite1                           RV £6,100

Suite 2                          RV £6,600

Suite 3                          RV £9,900

Suite 4                          RV £1,900

Suite 5                          RV £1,775

Tenure

We are informed that the property is held on a Freehold title.  Interested parties should seek legal confirmation of the title.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations, the Purchaser will be required to provide two forms of identification and proof of the income source.

 

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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