Property
SUITE 3B VERMONT HOUSE, CONCORD WASHINGTON, TYNE & WEAR, NE37 2SQ
Self contained ground floor office / retail suite with front entrance direct from car park.
Open plan office / retail area with small kitchen and WC off all recently refitted.
Note internal photo shows unit while work underway
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
ACCOMMODATION
The property includes the following gross internal areas:
| Suite 3B | 59.9 sq m | 570 sq ft |
TERMS
The premises are available to let at an initial rent of £7,260 per annum plus VAT /£605 plus VAT per month. This rent is inclusive of all services including heating with the exception of electricity which is recharged based on usage.
Flexible lease terms are available subject to a minimum term of 12 months.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
| Rateable Value | £ |
| 2023 | £3,250 |
The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound. Qualifying business will receive full rates relief.
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 A(18).
VAT
All figures are exclusive of VAT where chargeable.
