Location
The unit forms part of Noble Street Industrial Estate which is located just off Scotswood Road (A695) which links central Newcastle to the A1 Western Bypass. Access to the estate is managed by designated traffic lights.
The industrial estate is home to a mix of occupiers and at the entrance to the estate is the main Audi franchise for Newcastle.
Description
The warehouse comprises a single storey unit forming part of a larger terrace. Access to the main warehouse is via an up and over roller shutter and there is also a personnel door to the side.
The main warehouse space is open plan and there are 2 toilets within.
Ground Floor
Storage Area (NIA) 1,950 sq.ft. (180 sq.m.)
2x WC’s
External
Parking 4 designated spaces
Lease Terms
The premises are held on a lease for a term of 10 years from 2017. The current rent is £15,000 per annum with no further reviews.
Legal Costs
Each party will be responsible for their own legal costs in the assignment of the lease.
Business Rates
The premises are assessed as follows:
Rateable Value £12,750
Rates incentives subject to status.
Fixtures
There is kitchen prep equipment installed and an inventory will be provided.
Services
Gas, water and phase 3 electricity installed.
EPC
Rating - C
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Tenant will be required to provide two forms of identification and proof of the source of income.