Office to rent20 Portland Terrace
£8 pa| £1 pcm
- First floor offices to let
- Size 16.5 sq m (177.6 sq ft)
- Sought after office location
- Flexible new lease available
- EPC Rating D97
SITUATIONThe property is situated on Portland Terrace, which I just off Sandyford Road in Jesmond. The premises are approximately 0.25 miles from Newcastle City Centre and are in one of Newcastle’s most sought after office locations.The transport links are excellent with the inner urban motorway providing access to the A1 (M) North and South. The property is also close to Jesmond Metro Station and several bus routes operate in the area.DESCRIPTIONThe property comprises an office building set over four floors, with the benefit of parking to the rear of the property which may be available.ACCOMMODATIONThe accommodation comprises:Second Floor 16.5m² (177.6ft²)TERMSThe offices are available by way of a new flexible lease for a term of years to be agreed with a rental of £8 per square foot.RATING ASSESSMENTDescription RV Estimated Rates PayableSecond Floor £1,650 £777.15We are advised that the rateable value of the premises as at 1 April 2010 is as above 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 COSTSEach party is to bear their own legal costs involved in the transaction.VATAll 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.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
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