Office to let in Beveridge Way, Newton Aycliffe DL5

Location

The property is located within the Town Centre fronting St Cuthberts Way. Newton Aycliffe is located close to Junction 59 on the A1(M) approximately 5 miles from Darlington and 12 miles from Durham. There are a number of private and local authority controlled car parks in the immediate vicinity offering free car parking.
The subject property forms part of the Thames Shopping Centre with tenants including a Bar, Brighthouse, British Red Cross and other local retailers. Beveridge Way provides a number of sandwich shops and Tesco is in short walking distance.

Description

The subject property comprises well-presented office accommodation on the first floor accessed via stairs or lift via a secure entrance foyer. The property currently provides divided office space with kitchen, meeting rooms and some open plan office space. Benefits include: Perimeter trunking, comms cabin, carpeted floors throughout and w/c facilities.

Accommodation

First Floor 649.97 m² (6,996 ft²)

Rating assessment

Description rv Estimated Rates Payable
Office & Premises £32,250 £15,480

We are advised that the rateable value of the whole premises as at 1 April 2017 is £32,250 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48p in the pound. However, interested parties should confirm the current position with the Local Authority.

Terms

The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed. The landlord will insure the property and recover a proportion of the insurance premium from each tenant.

Asking rent

Our client is seeking rental offers of £35,000 per annum for their leasehold interest.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

Each party is to bear their own legal costs involved in the transaction.

Viewing

For general enquiries and viewing arrangements please contact Joseph i’Anson at Bradley Hall.

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