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Offices / Development Opportunity

Gateshead £295,000 Freehold REF: NE1898

Location

The property is located on Saltwell View which runs down the northern perimeter of Saltwell Park and links Durham Road (A167) with Saltwell Road.

This is a residential suburb comprising a mixture of private housing.  The subject property is the only commercial unit now left on the street, with the others having now all been converted to houses or apartments.

There are good bus links, with a bus stop directly outside the property, and ample free on street parking.

Description

The property comprises an extensive three storey building of traditional brick construction providing modular offices on all floors.  The property is currently occupied by an accountancy practice.

The property would be suitable for various uses, including potential residential redevelopment, and viewing is strongly recommended to appreciate this rare to the market freehold opportunity.

Accommodation;

Ground Floor

Entrance Hallway

Office 1 (front)              22.4 sq.m. (240 sq.ft.).

Office 2 (rear)               16.3 sq.m. (175 sq.ft.).

Ladies Toilets

Gents Toilets

First Floor

Office 3 (front)              30.1 sq.m. (324 sq.ft.). 

Office 4 (rear)               16.2 sq.m. (174 sq.ft.).

Office 5 (rear)                 9.6 sq.m. (103 sq.ft.).

Kitchen / Staff                8.4 sq.m. (  90 sq.ft.).

Boiler Room

Second Floor

Office 6 (front)             24.6 sq.m. (265 sq.ft.).

Office 7 (rear)               16.3 sq.m. (175 sq.ft.).

External

Small Front Garden

Rear Yard      

Rates

The premises are assessed as follows:

Rateable Value              £8,000 (2023 list)

Rates free incentives subject to status.

Services

Electricity, Water and Gas are installed.  There is gas central heating throughout and double glazing.

Tenure

We are informed that the property is a freehold title. Interested parties should seek legal confirmation of this.

EPC

Rating - E.

Money Laundering Regulations

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

Viewings

Strictly by appointment with this office.

                         

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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