Location
These commercial premises are located on Durham Road (A167) which runs through Low Fell and links Newcastle and Gateshead with the A1(M) Western Bypass.
Low Fell is a popular and sought-after residential suburb with good schools, amenities and this unit is in the centre of the main busy shopping district, close to parking facilities.
Description
The premises form part of a larger end terrace property, the ground floor of which comprises an estate agents and a kitchen showroom. The upper floors are accessed via a door from the main street with a secure entry system.
Accommodation
The property has been measured with the following Gross Internal Areas;
Ground Floor
Lobby
First Floor
Reception Area
Office 1 215 sq.ft. (20 sq.m.)
Office 2 242 sq.ft. (22 sq.m.)
Office 3 215 sq.ft. (20 sq.m.)
Office 4 150 sq.ft. (14 sq.m.)
Kitchen
Gents W.C.
Ladies W.C.
Second Floor (restricted headroom)
Storage 290 sq.ft. (27 sq.m.)
Services
Water and electricity is installed.
Tenure
A new lease is available at a rent of £14,000 per annum with terms to be agreed.
Legal Costs
The ingoing tenant will be responsible for the landlord’s reasonable legal costs in the preparation of the new lease.
Business Rates
The premises are assessed as follows:
RATEABLE VALUE £6,700
Rates free incentives subject to status
EPC
Rating D.
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.