Office to let in Trafalgar Street, Newcastle Upon Tyne NE1

Location

Generator Studios is positioned on Trafalgar Street, conveniently situated just off the A186, between Newcastle city centre and the Quayside. Suite 0.2 is located on floor -1 amongst other studios and various communal spaces. Generator Studios is part of a diverse mixed-use area, surrounded by hotels, restaurants, apartment blocks, and businesses.

The property enjoys convenient accessibility via both road and public transportation, the property is just 0.2 miles from the A167(M) and Tyne Bridge. Nearby public transport options include the Manors train and Metro Station, situated approximately 0.2 miles away, along with bus routes within a 0.3-mile radius.

Description

The suite provides a recently refurbished, open plan office space, it is well presented and benefits from having a separate room for breakout activities. The suite offers an excellent working atmosphere and has high quality finishes throughout, these include exposed ceilings with air-conditioning, LED lighting, and a small kitchen area.

Accommodation

We calculate the approximate net internal floor areas to be as follows:

Ground Floor 87m² 936ft²

EPC rating

D85

Rating assessment

The rateable value of the premises as at 1 April 2023 is £14,500 and the estimated rates payable for the current year is £7,235.50 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.

Terms

The property is available by way of a new lease with terms to be agreed at £20,000 (Twenty Thousand Pounds) per annum.

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.

Anti-money laundering regulations

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.

Viewing

For general enquiries and viewing arrangements please contact Bradley Hall.

Tel: Email: