Spectrum Business Park, Seaham

LOCATION
Spectrum 5 is located at the heart of Spectrum Business Park. The business destination occupies a stunning coastal location in a thriving area, home to a number of major occupiers. Seaham benefits from strong connectivity links to the A19. with easy access to the surrounding area via car or bus. An abundance of amenities are located close by, providing a number of F&B options for staff if they choose to take a break from their workplace.

DESCRIPTION
Spectrum 5 is a three story office building benefitting from the following specification:
• 3m floor to ceiling height
• Raised flooring
• LG7 lighting
• Redecorated
• Shower and WC facilities
• External cycle storage
• 8 person passenger lift
• Heating and cooling
• Suites from 3,000 sq ft

ACCOMMODATION
We calculate the approximate gross internal floor areas to be:

Floor M2 SQ FT
Ground 1,212 13,046
First 1,250 13,456
Second 1,250 13,456
Total 3,712 39,958

EPC RATING
EPC Rating – B

RATING ASSESSMENT
We are advised Rates payable circa £1.79 per sq ft. however, interested parties should confirm the current position with the Local Authority.

SERVICE CHARGE
Estimated £1.50 per sq ft.

TERMS
By way of new FRI lease terms at an asking rent of £7.00 per sq ft (Seven Pounds 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.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.