Newcastle upon Tyne - 5 Saville Place
Newcastle upon Tyne - 5 Saville Place

 
LOCATION
The property is situated in the heart of the City Centre on Saville Place which is within a two minute walk of Northumberland Street and the principal retail core.  The City Campus of Northumbria University is immediately to the east of Saville Place.
 
Saville Place benefits from excellent transport links with the A167(M) Central Motorway being immediately to the east and Haymarket Metro and Bus Interchange within a five minute walk.
 
DESCRIPTION
The accommodation which has recently undergone a comprehensive refurbishment, is arranged over first, second and third floors and is available as a whole or on a floor by floor basis.
 
The office space is finished as follows:
 
•  Carpeted floors
•  Fluorescent strip LED lighting
•  Perimeter electrical and IT points
•  WC facilities
•  Papered and plastered walls & ceilings. 
 
Car parking is available at the rear by separate negotiation.
 
ACCOMMODATION 
We have calculated the net internal floor areas as follows:
 
  Sq Ft
First Floor 124.4 1,338
Second Floor 133.88 1,440
Third Floor 89.03 958
Total 347.31 3,736
 
LEASE
The accommodation is offered by way of an effectively full repairing and insuring lease for a term of years to be agreed.
 
SERVICE CHARGE
A service charge is payable for the maintenance and repair of the structure of the building and its common areas.
 
RENT
The asking rents for the individual floors are as follows:-
 
First Floor £16,000 per annum
Second Floor £11,520 per annum
Third Floor   £6,700 per annum
 
RATEABLE VALUE
We understand from the Valuation Office Agency website that the premises are listed in the 2017 Rating List as Rateable Value £28,250.

All interested parties should make their own enquiries as to the precise rates payable with the group valuation office on 0191 220 7000.

ENERGY PERFORMANCE CERTIFICATE
The property is assessed with Band C75. A copy of the certificate is available on request.

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.

CODE OF PRACTICE
The landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales.  Alternative lease terms are available upon request.  A copy of the Code can be obtained from Royal Institute of Chartered Surveyors, 12 Great George Street, Parliament Square, London, SW1P 3AD, Tel: 0207 695 1535. 

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. 

Local Map

Particulars