Office to let in Princess Square, Newcastle Upon Tyne NE1

Location

Located in Princess Square, the property lies in the heart of Newcastle City Centre and is close to local amenities such as Northumberland Street for shopping and excellent transport links such as monument metro station and Haymarket Bus Station.

Description

Northumberland House is a five storey building comprising both retail units and office accommodation. There is a shared reception area on the ground floor, which has been recently refurbished and benefits from a concierge. The space to let is a self-contained office suite over the ground and first floor.

Accommodation

We calculate the approximate net internal floor area to be as follows:

Total 447.24m² 4,814ft²

EPC rating

New EPC Certificate Required.

Rating assessment

The rateable value of the premises as at 1 April 2023 is £42,500 and the estimated rates payable for the current year is £21,208. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

Terms

The property is available by way of a new lease with terms to be agreed at £50,000 (Fifty Thousand Pounds) per annum.

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.

Viewing

For general enquiries and viewing arrangements please contact Bradley Hall.
Tel: Email: