Office to let in Higham Place, Newcastle Upon Tyne NE1

£11,500 pa (£9.91/sq. ft. pa)
Office to let 1,161 sq. ft*
Interested in this property? Call +44 191 563 0289 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ground and first floor office suites within a three storey building providing traditional office accommodation, conveniently located in the centre of Newcastle available to let either as a whole or on a floor by floor basis.



Location
The property is located on Higham Place, opposite The Laing Art Gallery. The A167(M) Central Motorway is located adjacent to the building and provides easy access to the Tyne Bridge to the south and the A1(M) to the north.

Newcastle’s prime retail areas of Northumberland Street and Intu Eldon Square Shopping Centre are only a few minutes’ walk away and Newcastle Central Railway Station can be reached within around 10 minutes’ walk.

There is on street metered car parking to the front of the building and multi-storey car parks close by.

Description
The property comprises a three-storey building of brick construction under a slate covered pitched roof. Internally, it provides traditional office accommodation over ground, first, second and attic floors. There are communal kitchen and toilet facilities. There is a small shared yard to the rear of the property.

Accommodation
The ground and first floors are currently available to let as either a whole or on a floor by floor basis. We have measured each floor as providing the following net internal floor areas:
Ground floor40.78 sq m(439 sq ft)
First floor67.07 sq m(722 sq ft)
TOTAL107.85 sq m(1,161 sq ft)

terms
The accommodation is available to let on an internal repairing basis for a term of years to be agreed. The agreement will be contracted out of Part II of the Landlord & Tenant Act 1954.

The accommodation is available to let as follows:

Ground floor£7,000 per annum
First floor£11,500 per annum

This is a fully inclusive rent which covers the costs of maintaining the building and common areas, as well as providing heating and lighting to all parts of the building.

Outgoings
The whole of the property is subject to a single rating assessment and therefore, a proportion of the business rates payable will also be recovered through the service charge. Further details are available on request.

VAT
All figures quoted above are exclusive of VAT where chargeable.

Legal costs
Each party are to bear their own legal costs in connection with the preparation and execution of the lease.

Other

Energy performance certificate


The whole of the property has an EPC rating of e-104. A copy of the EPC and recommendation report is available on request.


Code of practice for commercial leases


The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,



Viewing
Strictly by appointment with sole agents, YoungsRPS.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
YoungsRPS, NE1 on +44 191 563 0289 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by YoungsRPS, and do not constitute property particulars. Please contact YoungsRPS 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.

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