TO LET / FOR SALE Modern Self Contained Office 1 Keel Row The Watermark Gateshead NE11 9SZ
February 2015
• Self Contained Office • Dedicated Car Parking • Flexible Office Accommodation
gva.co.uk/7553
Location
Energy Performance Certificate
The Watermark is located on the south bank of the River Tyne adjacent to the Metro Centre Shopping complex and approximately 0.5 miles from the A1. Newcastle City Centre lies approximately 4 miles to the east and Newcastle International Airport is around 5.5 miles to the north west. Surrounding occupiers include Tyne Tees Television, HMC Group and Ian Belsham Associates. The estate is also served by its own licensed café.
The premises have an EPC rating of B-45
Each party is to bear their own legal costs involved in the transaction.
VAT All rents, premiums and purchase prices quoted are exclusive of VAT.
Description The property is a modern two storey office building benefitting from excellent natural light and direct views across the River Tyne. The building has been designed to a high architectural standard with features such as open truss ceilings and raised access floor on the first floor. The property benefits from gas central heating, a designated parking area, two ground floor WCs and category 2 lighting.
Accommodation The property comprises ground and first floor office space as below: Ground Floor
Legal Costs
58.25 sq m
(627 sq ft)
First Floor
69.7 sq m
(751 sq ft)
Total
128 sq m
(1,378 sq ft)
For further information or an appointment to view please contact GVA or our Joint Agents:
Tony Wordsworth T: 0191 269 0508 E:
[email protected] Simon Taylor T: 0191 232 7030 E:
[email protected] Terms The property is available by way of a new FRI lease for a term of years to be agreed at a rent of £20,000 per annum. The rental is exclusive of rates, service charge and utilities. The client’s would consider a long leasehold sale at £225,000.
Rating We are advised that the rateable value of the premises as at 1 April 2010 is £18,250. Interested parties should confirm the current Rates payable amount with the Local Authority Gateshead Council, Tel: 0191 4333000.
Service Charge There is a small charge levied to cover the cost of maintaining the external areas including landscaping, street lighting and estate roads.
GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.