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Please download the full property specification below:


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Property Type Commercial
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Please download the full property specification below:


5 Regent Terrace Gateshead NE8 1LU

OFFICE UNIT | VERSATILE SPACE | PRIME LOCATION | £ 270PER WEEK

£270.00
pw

(Monthly: £1,170.00)

Features:

+ £270per week (£13950pa)

+ Total area 1644.68sqft (152.8sqm) 

+ Prime Location in Central Gateshead

+ Four Floors of Versatile Office Space

+ Nearby retailers include Tesco Extra, ALDI and a range of restaurants and cafes.

 Location:

 The property is situated  in a highly accessible and central location. Positioned near the A184, the property offers excellent connectivity to Newcastle city center and surrounding areas. Nearby businesses and amenities include Gateshead Interchange, Tesco Express, local cafes, takeaways, and independent shops, creating a lively and convenient setting ideal for various business ventures.

Description:

This centrally located office property spans four floors, including a basement. It features spacious office areas, staff toilets on the ground and first floors, and staff rooms on the ground and second floors. The property offers a versatile layout suitable for various business needs. An ideal opportunity for businesses seeking a functional workspace in a prime location.

 Accommodation:

The accommodation comprises the following approximate Net Internal Areas:

  • Basement Floor Office:         30sqm (322.91sqft)
  • Ground Floor Area:           45.7 sqm (491.91 sqft)
  • First Floor Area:                55.2 sqm (594.16 sqft)
  • Second Floor Area:             21.9 sqm (235.7 sqft)
  • Total Area:                     152.8 sqm (1644.68sqft)

 Lease Terms:

The unit is available on a new fully repaired and insuring lease for a flexible term to be agreed upon, with regular rent reviews. The starting rent is £13950 per annum (£270 per week) exclusive.

Business Rates:

The current rating assessment is as follows: Shop & Premises £ 9384

The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief.

For further information please contact Gateshead Council.

Legal Costs:

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.

VAT:

All figures quoted are exclusive of VAT where chargeable.

Viewing:

By appointment through sole agents, Thrower Stone Group.

Subject to Contract

 


Call us to discuss your requirements: 0191 477 5777