Property

Offices

1st and 2nd Floor Offices, 25 Main Street, Ponteland, NE20 9NH

The property comprises first and second floor office suite with shared ground floor access in a prominent Grade II Listing building. The suites have the benefit of carpeted floor, strip florescent lighting and WC.

LOCATION

The property is situated in the village of Ponteland. Ponteland has excellent transport links with Newcastle International Airport located 1½ miles and the A1 motorway 4 miles to the east via the Woolsington Bypass dual carriageway. Ponteland and neighbouring Darras Hall Estate together form one of the wealthiest commuter areas of Newcastle. Main Street is home to a good range of local amenities including Waitrose and Sainsbury’s Supermarkets, high street banks including Lloyds, Barclays and HSBC as well as several bars, restaurants and other retail and leisure outlets.

ACCOMMODATION

A – 1st floor –    575 sq ft  –  £6,900 per annum

B – 2nd floor –   550 sq ft –   £6,600 per annum

TOTAL            1,125 sq ft

TERMS

The premises are available by way of a new effectively full repairing and insuring lease at a rent of £12 per sq ft. All other terms are to be agreed by negotiation.

Service charge and buildings insurance are also payable on demand.

RATING ASSESSMENT 

The rating assessment currently appearing on the 2017 Valuation List is as follows: –

Office & Premises:               £8,200          (Suites A & B)

The Small Business rate for the year 2019/2020 is 49.1 pence in the pound.

LEGAL COSTS

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

EPC

The property has an energy performance certificate rating of E (114).

VAT

All figures quoted are exclusive of VAT where chargeable.

ANTI-MONEY LAUNDERING REGULATIONS

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.

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