Gateshead, Coniston House
Gateshead, Coniston House

LOCATION
Coniston House is situated on Team Valley in Gateshead, three miles south of Newcastle city centre and directly adjacent to the A1 Western Bypass.

Team Valley is home to over 700 businesses and offers a superb level of amenities including a Sainsbury's Supermarket and Retail World. Maingate at Team Valley offers further services including Greggs, O'Brien's Sandwich Bar, Finlays Newsagents, FX Leisure Health & Fitness Club and one of the most prominent Permier Inns in the region.

There are 34 buses that serve Team Valley every hour providing excellent public transport links.

THE BUILDING
The offices form part of the Fifth Avenue Business Park and are contained within a small development of 3 link detached 2 storey offices with the benefit of on site parking. The premises are of brick and tile construction with central heating and blinds. There are cassette air conditioning units to part of the property and raised access flooring.

ACCOMMODATION
The accommodation is situated on the ground and first floors and has the following net approximate areas:

  Sq M  Sq Ft 
First Floor  233.41 2,512 
Ground Floor  239.07  2,573 
Total  472.48  5,085 

There are six partitioned offices to the first floor and four partitioned offices to the groud floor, all demountable partitioning.

Externally there are 10 car parking spaces.

LEASE TERMS
The property is available by way of a new effective full repairing and insuring lease for a term of 5 years or 10 years with a rent review at the fifth year.

RENT
£55,000 per annum exclusive.

SERVICE CHARGE
There is a service charge for the maintenance of the building and the car parking and landscaped areas.

RATING
According to the Valuation Office Agency website the property is listed in the draft 2017 Valuation as having the following Rateable Values:

First Floor  £23,250 
Ground Floor  £22,500 

EPC
The property has an energy performance rating of C-73.

VAT
All rents, premiums and purchase prices quoted are exclusive of VAT. All offers are to be made to Gavin Black & Partners on this basis and, where silent, offers will be deemed net of VAT.

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.

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Particulars