£12,250 pa

Office to let

  1.  12
  2.  4
  3.  3

£12,250 pa

£1,021 pcm

Office to let

Regent Terrace, Gateshead NE8

Local area information

Property location

Nearby amenities

  • Gateshead Jewish Nursery School 0.2 miles
  • St Joseph's Roman Catholic Voluntary Aided Primary School, Gateshead 0.2 miles
  • Newcastle 0.8 miles
  • Manors 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Gateshead to find out more about the local area.

Features and description

• Ground Floor Office to Let

• Town Centre location

• Parking to front/rear

• Rent £12,250 per annum

The subject property comprises the ground floor office within a two-storey Grade II Listed building of brick construction under a slate covered pitched roof. The windows are single glazed and the property benefits from gas fired central heating to radiators. The property is situated within a Conservation area.

Internally, the property has carpeted floors and plastered walls and ceilings. The space is divided into four rooms accessed off a shared corridor. There is a kitchen to the rear of the ground floor and a W.C with wash basin. Additional basic storage has been created within the basement.

There is off street parking to the front and rear.

This property is suitable for office use.

Accommodation

The property provides the following net internal floor areas:

Basement 15.62 sq m (168 sq ft)
Ground Floor:
Office 1 20.20 sq m (217 sq ft)
Office 2: 21.69 sq m (233 sq ft)
Office 3: 17.82 sq m (192 sq ft)
Office 4: 21.79 sq m (235 sq ft)
Kitchen: 6.59 sq m (71 sq ft)

Total: 103.71 sq m (1,116 sq ft)

Services

Terms

The property is available to let for a term of years to be agreed with provision for upward only rent review at the end of the third year of the term. The lease will be drawn on an internal repairing and insuring basis and there will be a service charge operating relating to the maintenance of the common parts.

The rent is £12,250 per annum exclusive of business rates and payable quarterly in advance.

Rates

We understand the property is entered into the 2023 Rating List with a Rateable Value of £7,900.

Interested parties should verify this figure with the Local Authority. A new tenant may qualify for Business Rates Relief.

VAT

The property is not registered for VAT and therefore VAT will not be payable on the rent.

Legal Costs

The ingoing tenant is to pay a contribution towards the landlord’s proper legal costs.

Service Charge

Viewing

Strictly by appointment with YoungsRPS.
Contact Paul Fairlamb on .

Parking

Planning

Property

Code of practice for commercial leases

The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,

More information

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  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Gateshead
  5. Regent Terrace