The premises comprise a ground floor office/retail unit that forms part of an end terrace 3 storey property. The property is finished to an exceptionally high standard throughout, and there is the possibility of including external areas, first floor accommodation and 2 car parking spaces in the demise, subject to negotiation. The property currently provides high end office accommodation occupied by the landlord.
LOCATION
The property is located centrally on Osborne Road in the heart of Jesmond, the main road running through the suburb. Jesmond is less than a quarter of a mile from the centre of Newcastle upon Tyne. The transport links are excellent with nearby Clayton Road connecting directly with the A167 central motorway. The property is within a short walking distance of the local schools, nearby Acorn Road, shops, Clayton Road shops and Jesmond Metro station.
ACCOMMODATION
The property provides a total net internal area of 134.7 sq m (1,450 sq ft).
TERMS
Ground Floor Rental offers in the region of £22,000 per annum.
First Floor and parking open for separate negotiations.
RATING ASSESSMENT
The rating assessment currently appearing on the 2023 Valuation List is as follows: –
Rateable Value: £14,000
The premises comprise a ground floor office/retail unit that forms part of an end terrace 3 storey property. The property is finished to an exceptionally high standard throughout, and there is the possibility of including external areas, first floor accommodation and 2 car parking spaces in the demise, subject to negotiation. The property currently provides high end office accommodation occupied by the landlord.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
EPC
An EPC has been commissioned and will be available shortly.
VAT
We have been advised that VAT is not payable on the rent.
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.