Office to let in Vermont House, Washington NE37

Location

Washington is ideally situated between the A1(M) and A19 providing easy access to the North East region. Newcastle, Sunderland and Durham are within 15 minutes drive time and Teesside is within 30 minutes.
Vermont House is located to the east of Washington New Town adjacent to the A195 and A1231 providing rapid access to both the A1(M) and A19.

Occupiers include Trident Fire Protection, Brand Work Solutions, Base Architectural Services, Status Security Systems, Eagle Archery, The Lounge Beauty, nhs, and Niemann Pick UK.

Description

A self-contained ground floor office suite fronting onto Vermont. Access to the front and also from the courtyard.

The suite is self contained with WC off the rear lobby, large open plan office, kitchen and 2 small offices.

The landlord is in the process of replacing the carpet floor covering with new vinyl click flooring and replacing the overhead lights with new LED ceiling mounted units.

On site car parking is immediately adjacent to the building.

Accommodation

The property includes the following gross internal areas:

Suite 4 124.8 sq m 1,343 sq ft

Terms

The premises are offered at £10.50 per sq ft plus VAT. This is subject to a monthly heating charge but is otherwise inclusive of services. Electricity recharged in addition. Tenants liable for rates (but small business relief available for eligible businesses).

Rent £14,070 per annum plus VAT (£1,172.50 pcm plus VAT)

Flexible leases, minimum term 12 months.

Rating assessment

The rating assessment currently appearing on the Valuation List is as follows:

2023 £8,700

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

The property has an Energy Performance Certificate rating of C(69).

VAT

All figures are exclusive of VAT where chargeable.