Newcastle upon Tyne, 174 New Bridge Street
Newcastle upon Tyne, 174 New Bridge Street

LOCATION
The property is well located on the south side of New Bridge Street (A193) close to the junction with Falconer Street and Argyle Street. The property is therefore in the immediate vicinity of the new University of Northumbria Campus and various Halls of Residence.

The property is also within walking distance of the City Centre (half a mile to the west) and New Bridge Street connects directly with the A167(M) which leads to the Tyne Bridge and the A1.

DESCRIPTION
The property is of brickwork construction with painted render and a pitched tiled roof. The premises have recently been refurbished and provide modern office accommodation whilst retaining period features.

There is a private car park at the rear for 3 cars as well as plenty of pay and display car parking nearby.

ACCOMMODATION
The property has the following approximate net internal floor areas:

  Sq Ft M2
2nd Floor    
Office 1 (rear) 188 17.46
Stairs to Attic    
Attic Room 167 15.48
Total 2nd Floor 355 32.94
     
1st Floor    
Office 1 (rear) 177 16.42
Lobby 15 1.38
Office 2 (front) 374 34.70
Total 1st Floor 565 52.50
     
Ground Floor    
Ladies and Gents WC's    
Kitchen 106 9.85
Lobby 33 3.07
Front Office 274 25.43
Total Ground Floor 413 38.35
     
Basement    
Staff Room 261 24.25
Store Room  45 4.13
Total Basement  306 28.38
GRAND TOTAL   1,638  152.17

LEASE TERM
The accommodation is available by way of a full repairing and insuring lease for a term to be agreed.

QUOTING RENT/PRICE
£18,000 per annum exclusive of VAT, rates and service charge. Offers are invited for the freehold interest.

RATES
According to the Valuation Office Agency website the property has an adopted Rateable Value of £11,000. Based on the current small business multiplier rate in the pound 49.1p, rates payable will be approximately £5,280 but prospective tenants should make their own enquiries.

LEGAL COSTS
Both parties are to bear responsibility for their own costs in the transaction.

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.

 

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Particulars