Office to let in Upper Garth Gardens, Guisborough TS14

Opportunity

Bradley Hall are delighted to be appointed to market this commercial unit comprising of a former doctor’s surgery with a large rear car park.

Location

New Garth House is centrally located in Guisborough, a town within North Yorkshire. The property lies just 50 yards from Guisborough High Street (Westgate) which offers 2 hours free parking. Neighbouring occupiers to the property include jd Wetherspoons, Barclays and Guisborough Library in addition to an array of national and local retailers on the High Street. To the north of the site, the property is accessed off Upper Garth, which is predominantly residential housing. The area benefits from excellent transport links, with the A171 and A19 roads nearby, providing easy access to surrounding towns and cities including Middlesbrough, Hartlepool, and Sunderland.

Description

The subject property is a brick built, two-storey, predominantly ground floor former doctor’s surgery which can be altered to suit a variety of occupiers. The existing ground floor layout comprises of 9 offices/meeting rooms, with a large open plan space and reception area to the front of the building in addition to storage, kitchen and w/c facilities. The first floor comprises of 3 offices and a storage area. Externally the property benefits for a large car park to the rear with spaces for up to 18 cars.

Accommodation

Ground Floor 354.68 m2 (3,818 sq ft)
First Floor 70.71 m2 (761 sq ft)

Total 425.40 m2 (4,579 sq ft)

Terms

Our client is seeking rental offers at an asking rent of £40,000 per annum. Our client is willing to meet with potential occupiers to discuss fit out as minor internal work is required to facilitate fit out.

Terms

Our client may consider Freehold offers at an asking price of £450,000.

Rating assessment

The rateable value of the premises as at 1 April 2023 is £18,000 and the estimated rates payable for the current year is £8,982. This is based on the standard Small Business Rate of 49.9p in the pound. Small business rate relief will be available to tenants with one premises, however, interested parties should confirm the current position with the Local Authority.

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 the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.