Property to rent in Gateshead, NE11
Festival Park Drive, Gateshead, NE11£12500.00
£12500.00
SITUATION
Metro Centre East Business Park is situated on Waterside Drive leading directly to the Metro Centre via Wellington Road. The property benefits from excellent public transport links with bus, rail and Metro Stations close by. The property also benefits from easy access to the A1 (M) and A167 (M), A194 (M), A184 and A692.
DESCRIPTION
Metro Centre East Business Park comprises a modern office development and the subject property has been fully refurbished to include suspended ceilings, perimeter trunking, carpeting, male and female WC’s and kitchen accommodation.
ACCOMMODATION
The property comprises a ground floor office suite, having an approximate floor area of 118.17 m² (1272 ft²).
The demise includes 4 Car Parking spaces.
TERMS
The property is available by way of a new FRI lease for a term of years to be agreed at a rental of £12,500 (Twelve Thousand Five Hundred Pounds) per annum.
RATING ASSESSMENT
DescriptionRVEstimated Rates Payable
Offices & £10,000£4,710
Premises
We are advised that the rateable value of the premises as at 1 April 2010 is £10,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
The ingoing tenant to be responsible for our clients reasonable legal and surveyors costs involved in the transaction.
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 to be net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact Bradley Hall Chartered Surveyors.