To let Media 5 The Media Exchange Newcastle upon Tyne NE1 2QB
March 2017
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First Floor Offices
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Modern Flexible Office Accommodation
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Ceiling Mounted Heating and Cooling Units
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Available fully fitted with desks, chairs, storage units and phone system On Site Car Parking – up to 7 spaces available
08449 02 03 04 gva.co.uk/10256
Media 5, The Media Exchange, Newcastle upon Tyne
Location Within walking distance of Newcastle City Centre, the Ouseburn Valley offers the ideal business location for modern industry. The Ouseburn Valley has undergone extensive redevelopment in recent years and is now home to an eclectic mix of restaurants, bars and offices and particularly popular with occupiers from the creative/cultural sector. The development is highly accessible with easy access to the A1 via the A193 and public transport via Manors Metro station as well as numerous local bus routes.
Description The building forms part of a development of five buildings, all built to a high architectural standard and with quality finishes. The building is accesses via a shared entrance that leads to a passenger lift and staircase. WC and shower facilities are located within the upper floor common areas for the use of the first and second floor tenants.
Service Charge There is a small service charge payable to cover maintenance of the common areas of the building and the estate.
EPC
Accommodation
The property has an Energy Performance Certificate rating of C(53).
The accommodation briefly comprises of the following approximate areas:
Parking
First Floor
257.39 sqm (2,771 sq ft)
Specification The available space is located on the first floor of the building and benefits from the following features:
21 desk units with chairs Phone system Network cabling in place Meeting rooms Fitted kitchen Carpeted floor coverings Perimeter trunking Male, female and disabled w/c facilities Suspended ceiling Passenger lift Managed car park with barrier control BREEAM VERY GOOD Ceiling mounted heating and cooling units
Terms The property is available by way of an effectively full repairing and insuring lease for a negotiable term.
Rent £11 per sq ft per annum exclusive of business rates, service charge, vat and all other outgoings.
5 spaces with the suite. Potential for up to 2 additional spaces on a licence at a cost per space per annum of £50 plus VAT.
Rating The Valuation Office website shows the rateable value is £33,500. However, we recommend that all interested parties make their own enquiries to the Local Rating Authority.
Legal Costs Each party to be responsible for their own reasonable legal costs incurred in the transaction. For further information or an appointment to view, please contact GVA or our joint agents Gavin Black & Partners Tony Wordsworth
0191 269 0508
[email protected] Chris Pearson
0191 230 2777
[email protected] Property ref
gva.co.uk/10256
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GVA Central Square, Forth Street, Newcastle upon Tyne, NE1 3PJ GVA is the trading name of GVA Grimley Limited an Apleona company.
©2017 GVA
GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
20 March 2017
File number: 15B603969
(3) No person in the employment of GVA, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. (4) All prices quoted are exclusive of VAT. (5) GVA shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA.