Property

Offices

81 High Street, Gosforth, Newcastle upon Tyne, NE3 4AA

The property provides self-contained, first and second floor office accommodation accessed from its own entrance on Gosforth High Street. The property has the benefit of open plan office space as well as a kitchen, male and female WC facilities on the second floor.

LOCATION

Gosforth is an affluent suburb of Newcastle upon Tyne and is situated approximately 2 miles north of the City Centre. The property is located on High Street, the main retail thoroughfare. The street is a well-connected bus route whilst Regent Centre and South Gosforth Metro Stations are located approximately half a mile away.

Gosforth High Street is home to a good range of local amenities including a Sainsburys supermarket, high street banks including Lloyds, Barclays and HSBC as well as several pubs, restaurants and other retail and leisure outlets.

ACCOMODATION

1st  Floor Office50.28 sq m541 sq ft
2nd  Floor Office & Kitchen24.22 sq m261 sq ft
Total74.50 sq m802 sq ft

TERMS

The premises are available by way of a new full repairing and insuring lease at a rent of £12,000 per annum (exclusive). All other terms are to be agreed by negotiation.

RATING ASSESSMENT 

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

Office  & Premises:  £4,700

The Small Business rate for the year 2020/2021 is 49.9 pence in the pound. Small business relief may be available subject to eligibility. All interested parties are urged to make their own enquiries in this regard.

LEGAL COSTS

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

EPC

An energy performance certificate has been commissioned and will be made available as soon as possible.

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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