Office for sale in Waverley, South Shields NE33
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Approximately 181.99 sq m (1,959 sq ft)
- Popular Business Park Location, 2 Minute Walk from Town Centre
- Dedicated Car Parking
- Great sipp Investment Opportunity
- Suitable for Occupiers in a Variety of Sectors
- Great Opportunity for Owner Occupier or sipp Investment
- New efri Lease Available at a Rent of £21,500 pax
- Freehold £195,000
Property description
Location
Waverley is conveniently located within easy walking distance of South Shields town centre, Metro station and Ferry Landing close to the rear of Market Square at the junction of River Drive and Long Row. The surrounding area comprises a mixture of commercial and residential schemes.
The development is close to the A19 and A1 with excellent access to the regional road network, Newcastle upon Tyne and Sunderland.
Public transport is excellent. South Shields Metro station is a 5 minute walk away and has frequent bus services operating to and from the local area.
A redevelopment scheme of the adjacent town centre is ongoing and has already seen the refurbishment of the Market Place and the construction of a new Interchange for bus and Metro travel.
What3words - ///create.honest.wide
Description
Market Dock, Waverley is a contemporary, high specification development of office buildings, breifly comprising:
- Two-storey units
- Own front door
- Male/female accessible toilets
- Double glazing
- Gas fired central heating
- Perimeter trunking on ground floor
- Raised access flooring on the first floor
- Exposed feature beams
- LED lighting
Accommodation
The property provides the following approximate net internal areas:
Ground Floor 79.99 sq m (861 sq ft)
First Floor 102 sq m (1,098 sq ft)
Total 181.99 sq m (1,959 sq ft)
Tenure
Freehold
Terms
The property is available by way of a new efri lease for a term of years to be agreed at an annual rent of £21,500 pax.
Alternatively, we are seeking £195,000 for the benefit of our clients Freehold interest.
Business rates
Rateable Value - £15,250 (Effective 1st April 2023)
Estimated Rates Payable - £7,609.75
Our estimate is calculated by applying the appropriate Business Rate Multiplier to the rv.
It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.
Energy performance
EPC Rating C 54.
Legal costs
Each party to be responsible for their own costs incurred in this transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
Anti-money laundering regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser.
Viewing
For general enquiries and viewing arrangements please contact Graham S Hall Chartered Surveyors on or . Alternatively, you may wish to contact our Joint Sole Agents Knight Frank.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Graham S Hall Chartered Surveyors, DH1 on +44 191 392 0630 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham S Hall Chartered Surveyors, and do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.