Recently refurbished office accommodation situated within a town centre location overlooking the A34. The property comprises a purpose built office block, within a terrace of similar offices arranged on ground and first floor with two allocated parking spaces.
The property which has recently been refurbished by the Landlord including re-decoration throughout and new carpets. The property comprises a purpose built office block within a terrace of similar offices arranged on ground and first floor. The property is of brick construction under a pitched tiled roof. There are currently seven units within the block, of which this is one has now become available.
Each unit has its own main front door providing 24 hour access as well as on-site car parking and there are two designated car parking spaces per unit. There is a permit holders car park adjacent to the premises that is owned by Newcastle Borough Council with a charge of £230 per quarter per space. The office is mainly open plan with reception area and door leading into the main offices. There are also male and female toilets and a kitchen. Stairs lead to the first floor where there is an open plan office and two further separate offices.
The property is located in the centre of Newcastle-under-Lyme and overlooking the A34 dual carriageway. Newcastle-under-Lyme Town Centre is the administrative centre of the Borough of Newcastle-under-Lyme and has major retail and leisure facilities. There are proposals for a new retail development close by. The property benefits from overlooking the A34 dual carriageway, a major route through Newcastle-under-Lyme linking into the A500, an urban expressway through the heart of the North Staffordshire conurbation which in turn links junctions 15 and 16 of the M6 Motorway.
The property itself is accessed from Froghall to the west of the Town Centre with a through route to the A34 and A52.
Office 521.83 Sq.ft (48.48 Sq.m)
Office 652.62 Sq.ft (60.63 sq.m)
Total nia Floor Area 1,174.45 Sq.ft (109.11 Sq.m)
Main water, electricity and drainage are connected.
The property is available by way of a new lease on terms to be agreed. A stepped rent is applicable as follows:
Year 1: £4,000 pa
Year 2: £6,000 pa
Year 3: £8,000 pa
VAT is applicable to the rent at the prevailing rate.
The Lease will include a service charge provision and interested parties can contact the agent for further information.
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.
Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.
The voa website advises the rateable value for 2019/20 is £8,200. The standard non-domestic business rates multiplier is 50.4p. The small business multiplier is 49.1p up to a rateable value of £51,000. The Small Business Rate Relief will increase to 100% for businesses with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.
Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.
On agreed terms the ingoing tenant will be required to pay a fee of £85 to buttersjohnbee for the application and collation of references and credit data from a third party. The application process will, under normal circumstances take between two and five working days. The applicant will be required to complete a simple online form for submission to our credit reference agency. Application fee will be payable in advance and will not be refundable.
The ingoing tenant is responsible for the landlord's legal costs of £350 plus VAT in connection with the preparation of the lease.
Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.
For all enquiries other than viewings please contact;
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.