Location
The suite is located on the upper commercial level of St Peters Wharf overlooking the Marina. St Peters Wharf forms part of St. Peters Basin which is located off the A186 Walker Road approximately 3 miles from Newcastle City Centre and benefits from a direct bus service into town.
This mixed development offers a range of residential accommodation together with offices, retail and leisure space all with attractive views across the River Tyne.
Description
The opportunity is a single storey office unit with two entrances off the walkway. The unit currently offers an open office space together with 4 partitioned offices and separate staff facilities. The unit is well appointed with carpets throughout and a suspended ceiling.
Accommodation
Ground Floor
Offices 130 sq.m. (1,404 sq.ft.).
Kitchen
Toilets
External
Parking 4 spaces allocated.
Rent Option
A new lease is available at a commencing rent of £15,000 per annum with terms to be agreed. The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
There is a service charge of circa £2,000 plus VAT per annum.
Purchase Option
The long leasehold interest is available for sale at £170,000. The unit is held on a 125 year lease dated from March 1993.
Services
Mains gas, electricity and water are connected to the property. There is an alarm system and gas central heating installed.
EPC
Rating - C
Business Rates
The premises are assessed as follows:
Rateable Value £9,800
Rates free incentives subject to status.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.