Office to let in Vance Business Park, Gateshead NE11

£15,000 pa (£7.65/sq. ft. pa)
Office to let 1,961 sq. ft*

Property description

Location


The subject properties are located in Vance Business Park in Gateshead. Vance Business Park is a collection of terraced offices with a selection of local occupiers including The Beauty Academy Newcastle, Chris Embassy and Rehills North East.

Vance Business Park is accessed by Norwood Road which links with the B1426 at Team Valley Trading Estate and in turn the A1(M) which is just 0.5 miles away. There are bus stops within 0.3 miles of the business park and Dunston train station is 0.4 miles away.


Description


The property is situated within a terrace of six office/business units of steel frame construction with brick walls to the front, side, and rear elevations. The property comprises modern office space which is arranged over ground and first floors. The property includes suspended ceilings with LED Lights fitted throughout the building along with 2 fitted kitchens on the ground floor and an increased cable BT network giving optimum broadband speed to an occupier.


Accommodation


Total 182.2m² 1,961ft²


Rating assessment


Description rv Estimated Rates Payable
2 Vance Business Park £8,300 £4,141.70
gf 3 Vance Business Park £4,300 £2,145.70
ff 3 Vance Business Park £4,650 £2,320.35

We are advised that the rateable value of the premises as at 1 April 2017 is as above and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority.


EPC rating


Unit 2 – D98
Unit 3 – C69


Terms


The property is available by way of a new lease with terms to be agreed at £15,000 (Fifteen Thousand Pounds) per annum.

The property may be available in part with further information available on request.


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.


Money laundering regulations


In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

Property info

  • Available immediately
  • Unfurnished

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

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For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)

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Disclaimer

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