Annual rent of £35,000
LOCATION
The subject property is located at the bottom of Pilgrim Street, next to the Swan House Roundabout in Newcastle upon Tyne city centre. Pilgrim Street links the A167(M) and the Tyne Bridge with Newcastle city centre and is popular with local bus routes.
Pilgrim Street provides access to Northumberland Street, which is the main retail street in the city and it also runs parallel to Grey Street which is one of the main leisure and business destinations. Intu Eldon Square, which is the main shopping centre in Newcastle is just 0.2 miles away.
The property is easily accessible by road and public transport as it benefits from being 0.2 miles from Monument Metro Station and 0.4 miles from Central Train and Metro Stations. The A167(M) is 160 yards away and the Tyne Bridge is approximately 0.5 miles away.
The property sits opposite the recently announced Bank House office development, comprising 120,000 sq. ft. of newly constructed Grade A office and retail accommodation provided over 14 storeys.
DESCRIPTION
The subject property comprises recently refurbished first floor office space within an attractive Grade II Listed office building. The property benefits from classic Victorian architecture with features including original sash windows, grand staircases, ironwork balustrades, architraves and a golden sandstone exterior.
ACCOMMODATION
Part first floor | 160.6m²
|
1,748ft²
|
EPC RATING
D99
RATING ASSESSMENT
Interested parties should confirm the current position with the Local Authority.
TERMS
The property is available by way of a new lease at a rent of £35,000 per annum. A service charge is payable with a cap of £3 per sq ft.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall.
Tel: 0191 232 8080
Email: newcastle@bradleyhall.co.uk