Property
A2 Marquis Court, Team Valley, Gateshead, NE11 0RU
The property provides two storey office accommodation providing a combination of open plan office accommodation and dedicated training rooms. There is a kitchen on the first floor and WCs on both ground and first floor.
The accommodation comes with 11 car parking spaces.
LOCATION
Team Valley Trading Estate covers in excess of 285 hectares and accommodates over 650,000 sq m of business space. It is the north easts leading commercial estate and lies to the south of Newcastle and Gateshead conurbation and adjacent to the A1.
Marquis Court is prominently located on Team Valley Trading Estate between Kingsway South and Marquis Way. Junction 67 of the A1 lies approximately 100 meters to the south of Willow Court. The property is also well located on the estate with nearby Retail World which comprises retailers such as TK Maxx, Gap, New Look, Homebase, Decathlon, B&M, Asda among others.
ACCOMMODATION
The property includes the following gross internal areas
| Ground Floor | 101.05 | 1,093 |
| First Floor | 109.07 | 1,174 |
| Total | 210.57 | 2,267 |
TERMS
The premises are available to let at £25,000 per annum on full repairing and insuring terms for a term of years to be agreed.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
Offices & Premises
| Offices & Premises | £16,250 |
The Small Business Rate for the year 2024/2025 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 C53.
VAT
All figures are exclusive of VAT where chargeable.
