Merchants Court Units 4 & 5, Monkton South Business Park
For sale Lease may be considered Units 4 & 5 Merchants Court Monkton South Business Park NE31 2EX
November 2017
─
Detached self contained offices
─
On site car parking
─
Raised floor
─
Air conditioning
─
High quality fit out
08449 02 03 04 gva.co.uk/12436
Units 4 & 5 Merchants Court, Monkton South Business Park, NE31 2EX
LOCATION Monkton South Business Park is located close to the A194 Leam Lane dual carriageway which offers ease to both the A19 and the A1(M). Newcastle City Centre is approximately 15 minutes drive time and South Shield Town Centre is located approximately 10 minutes drive time to the east.
Description The units comprise of two interconnected modern office units of two storey construction with a feature profile roof and brick elevations. The offices have been fitted out internally to a high standard and provide a mix of open plan and cellular accommodation Tea point facilities are provided on ground and first floor levels.
£575,000 for the benefit of the long leasehold interest.
Rent £10 per sq ft per annum exclusive.
Rateable Value
The specification includes:
Purchase Price
The rateable value of the units is shown on the Valuation Office website with a rateable value of £40,500. However, we recommend that all interested parties make their own enquiries to the Local Rating Authority.
Air conditioning Raised access floors Suspended ceilings with recessed lighting Carpeted floor coverings 16 car parking spaces
EPC
Alarm and CCTV
The property has an Energy Performance Certificate rating of C(63).
Double glazing windows
Accommodation
Legal Costs
The accommodation briefly comprises of the following approximate areas:
Each party to bear their own reasonable legal costs incurred in the transaction.
Unit 4
Unit 5
VAT
Description
sq m
sq ft
sq m
sq ft
Payable on purchase price or on rents and estate service charge.
Ground Floor
96.24
1,036
96.71
1,041
First Floor
120.12
1,293
120.02
1,292
For further information, please contact GVA or our joint agents JLL:
Total
216.36
2,329
216.73
2,333
Unit 4 & Unit 5 (Combined) Total
sq m
sq ft
433.11
4,662
Tenure The units are available by way of an assignment of two ground leases for a term of 125 years from 8 May 2006 at a peppercorn ground rent. The leaseholder to make contributions towards the maintenance of the estate through an estate service charge. Consideration will be given to letting of the units on terms to be agreed.
Tony Wordsworth 0191 269 0508
Jeff Pearey 0113 261 6236
[email protected]
[email protected]
Property Ref gva.co.uk/12436
Units 4 & 5 Merchants Court, Monkton South Business Park, NE31 2EX
Our offices: Birmingham Bristol Cardiff Dublin Edinburgh Glasgow Leeds Liverpool London Manchester Newcastle
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.
06 November 2017
File number: 15B703404
(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.
November 2017
─
Detached self contained offices
─
On site car parking
─
Raised floor
─
Air conditioning
─
High quality fit out
08449 02 03 04 gva.co.uk/12436
Units 4 & 5 Merchants Court, Monkton South Business Park, NE31 2EX
LOCATION Monkton South Business Park is located close to the A194 Leam Lane dual carriageway which offers ease to both the A19 and the A1(M). Newcastle City Centre is approximately 15 minutes drive time and South Shield Town Centre is located approximately 10 minutes drive time to the east.
Description The units comprise of two interconnected modern office units of two storey construction with a feature profile roof and brick elevations. The offices have been fitted out internally to a high standard and provide a mix of open plan and cellular accommodation Tea point facilities are provided on ground and first floor levels.
£575,000 for the benefit of the long leasehold interest.
Rent £10 per sq ft per annum exclusive.
Rateable Value
The specification includes:
Purchase Price
The rateable value of the units is shown on the Valuation Office website with a rateable value of £40,500. However, we recommend that all interested parties make their own enquiries to the Local Rating Authority.
Air conditioning Raised access floors Suspended ceilings with recessed lighting Carpeted floor coverings 16 car parking spaces
EPC
Alarm and CCTV
The property has an Energy Performance Certificate rating of C(63).
Double glazing windows
Accommodation
Legal Costs
The accommodation briefly comprises of the following approximate areas:
Each party to bear their own reasonable legal costs incurred in the transaction.
Unit 4
Unit 5
VAT
Description
sq m
sq ft
sq m
sq ft
Payable on purchase price or on rents and estate service charge.
Ground Floor
96.24
1,036
96.71
1,041
First Floor
120.12
1,293
120.02
1,292
For further information, please contact GVA or our joint agents JLL:
Total
216.36
2,329
216.73
2,333
Unit 4 & Unit 5 (Combined) Total
sq m
sq ft
433.11
4,662
Tenure The units are available by way of an assignment of two ground leases for a term of 125 years from 8 May 2006 at a peppercorn ground rent. The leaseholder to make contributions towards the maintenance of the estate through an estate service charge. Consideration will be given to letting of the units on terms to be agreed.
Tony Wordsworth 0191 269 0508
Jeff Pearey 0113 261 6236
[email protected]
[email protected]
Property Ref gva.co.uk/12436
Units 4 & 5 Merchants Court, Monkton South Business Park, NE31 2EX
Our offices: Birmingham Bristol Cardiff Dublin Edinburgh Glasgow Leeds Liverpool London Manchester Newcastle
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.
06 November 2017
File number: 15B703404
(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.
