Leisure/hospitality to let in Warton Terrace, Newcastle Upon Tyne NE6

Location

The property is located in the attractive and densely populated suburb of Heaton, situated approximately two miles north of Newcastle city centre.

This commercial property is a standout, positioned at the prominent junction of Warton Terrace and Chillingham Road, boasting an incredible volume of pedestrian and vehicular traffic. With its distinctive external kerb appeal, this space is sure to catch the eye of the many passers-by.

The area is extremely popular with students, young professionals and families due to its close proximity to the city centre and good quality local amenities.

Nearby local outlets include Nest restaurant, Sainsburys Local, Neighbourhood coffee shop, The Heaton Tap Micro Pub and Naked Deli but to name a few.

Environment

Immerse yourself in a fully upgraded environment, thoughtfully designed. The recent extensive back to brick refurbishment includes energy-efficient enhancements like LED lighting and thermal insulation, ensuring cost-effective operations while fostering sustainability. The property is fully wheelchair accessible for individuals with disabilities.

Natural light floods both units through the expansive bay windows, creating an inviting ambiance throughout. For those requiring an efficient workspace, numerous sockets and a dedicated hardwired internet system have been seamlessly integrated, making it an ideal choice for office occupiers.

At the rear of the building, you'll find a spacious kitchen and two WCs, one of which is designed for wheelchair accessible use all of which is cleaned by the in-house management team.

Community

At the heart of the building will be a co-working space available to our commercial tenants and outside businesses. A chance to therefore network with other like-minded businesses owners. We have created not just a property but a community.

Accommodation

The units provides the following net internal area:

Unit 1 37.69 m² (406 ft²)
Unit 2 39.11 m² (421 ft²)

Terms

Each unit is available by way of a new effective full repairing and insuring lease at a rent of £10,000 per annum (exclusive). All other terms are to be agreed by negotiation.

Rating assessment

Following reconfiguration, the property
is awaiting a new rating assessment from the Valuation Office Agency. Details of this will be made known as soon as they are available.
The Small Business Rate for the year 2023/2024 is 49.9 pence in the pound.

Anti-money laundering

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant..

Legal costs

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

Energy performance

An EPC has been commissioned and will be made available asap.

VAT

All figures are exclusive of VAT where chargeable.

WHAT3WORDS

Every three metre square of the world has been given a unique combination of three words. A free App is available for iOS and Android smartphones and using the unique sequence of words below you will be able to pinpoint this property.

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