Location
This property is located on the Trans Britannia Properties Vance Business Park development which lies just off junction 68 of the A1 Western Bypass. Newcastle City centre is approximately 3 miles to the east and accessed via the A184 and over the Redheugh Bridge.
Newcastle airport is positioned 6 miles to the north-west (20 minutes by car) of the development and provides flights throughout UK and Europe plus a daily flight to and from Dubai.
Description
The property comprises a two storey end terraced property forming part of a pleasant and secluded Business Park to the west of Newcastle / Gateshead.
The property is configured to provide a communal entrance plus toilets with a self-contained ground floor office suite and then stairs up to the first floor accommodation.
Accommodation
Reported on a Net Internal Area basis as follows:
Ground Floor circa 550 sq.ft. (51 sq.m.)
First Floor circa 600 sq.ft. (56 sq.m.)
Services
Water, electricity and gas is installed and there is gas central heating throughout. Car parking is available externally.
VAT
The property is elected for VAT.
EPC
Rating - D
Rates
The premises are assessed as follows:
Rateable Value £8,200
Rates free incentives subject to status.
Tenure
A new FRI lease is available at a commencing rent of £12,000 per annum plus VAT. Further terms and conditions to be agreed.
Service Charge
We are verbally informed that the service charge is currently circa £650 per annum, payable by the long leaseholder to the immediate landlord. Any new lease will permit service charge reimbursement from the tenant.
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.
