+44 191 221 2211 St Ann’s Quay. 124 Quayside, Newcastle upon Tyne, NE1 3BD
Location The unit is located at Rainton Bridge Industrial Estate which is a popular and long established industrial area of Houghton le Spring. The estate is positioned immediately off the A690 and is approximately 4 miles east of the A1 and 3 miles west of the A19 with both routes providing excellent access both regionally and nationally. Please see the attached Ordnance Survey Promap showing the exact location of the estate.
Description The unit offers good quality storage / workshop space ideally suited to small and start-up businesses. The unit is of traditional brick construction with a concrete tiled roof supported on steel trusses. Internally, the unit has a minimum internal clear height of 4.30m and benefits from concrete floors, offices and WC facilities.
Accommodation The unit has been measured on a Gross Internal Area (GIA) basis in accordance with the RICS Code of Measuring Practice and approximate floor areas are set out as follows: 2
Sq ft
307
3,309
M Total floor area
Rating The unit has a Rateable Value of £13,750 (2017 listing). The rates payable is anticipated to be £6,407.50 (applying the 2017/18 UBR for small businesses of 0.466p) Energy Performance An Energy Performance assessment has been undertaken and an asset rating will be available shortly.
Terms The unit is offered to let by way of new internal repairing and insuring lease for a term to be agreed at a rent of £16,550 per annum (exclusive of VAT).
The estate benefits from a large paved service area to the front of the units which provides vehicular access to the unit via a roller shutter 2.70m wide x 3.70m high.
The tenant will be responsible for any Stamp Duty involved in the transaction.
Services
Service Charge
The unit benefits from all mains services, including a three phase electricity supply.
A service charge will be levied on the tenant in respect of the upkeep of the exterior and structure of the unit (excluding doors and windows) together with the estate common roads and areas.
Lighting is provided to the office and ancillary areas.
VAT All rents are quoted exclusive of Value Added Tax which will be charged on all rentals and service charges.
Viewing Please contact this office for a convenient appointment to view or for further information regarding the premises. [Image: Sep 2017, Particulars: Sep 2017