Office to rent

Houghton House

£60,000 pa| £5,000 pcm

Property Description

Key features

  • Two storey office premises to let
  • Located within Team Valley Trading Estate
  • Within its Own Grounds
  • Generous Car Parking to the Front
  • Yard Area to the Rear
  • Rental of 60,000 per annum / Freehold OIRO 550,000

Full description

SITUATIONThe subject property is located on New Road, adjacent and near to the A1 within the Team Valley Trading Estate. New Road links with Lobley Hill Road which provides access to the A1 north and south. Bordering the A1, Team Valley is situated approximately 4 miles south and west of Newcastle and Gateshead centres. It is the premier mixed use business location in the region totaling around 280 hectares (700 acres) and is home to a wide variety of businesses.Road links to all parts of the region and beyond are excellent and the estate is served by regular bus services. The property is situated on a self contained site between Lobley Hill Road and Second Avenue within near vicinity of the Maingate Shopping Centre and Wagon Teams Pub.DESCRIPTIONThis unique, detached property comprises of a well presented and modern office building with accommodation arranged over two floors. The ground floor comprises of a main reception area which leads to offices, boardroom and WCs. To the rear of the property there is a small warehouse suitable for a workshop or storage space.ACCOMMODATIONThe property comprise of the below:Ground floor office 410.69m² (4,420.6ft²)Ground floor warehouse 59.64m² (641.9ft²)First floor office 69.7m² (750.2ft²)Total 540.03m² (5,813ft²)TERMSThe whole property is available by way of a new FRI lease for a term of years to be agreed at a rental of £60,000 (Sixty Thousand Pounds) per annum. The property is also available to let in part with lease terms to be agreed.Offers over £550,000 (Five Hundred and Fifty Thousand Pounds) are also invited for the benefit of our clients’ freehold interest.RATING ASSESSMENTWe are advised that the rateable value of the premises as at 1 April 2010 is:Description RV Office & £74,500 PremisesEPCAvailable upon applicationLEGAL 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 Richard Rafique or Kristian Sorensen at sole agents Bradley Hall Chartered Surveyors.

More information from this agent

Nearest stations

  • Dunston (0.8 mi)
  • Gateshead Stadium (1.7 mi)
  • MetroCentre (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0028 Local call rate

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Map & Street View

Nearest stations

  • Dunston (0.8 mi)
  • Gateshead Stadium (1.7 mi)
  • MetroCentre (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0028 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 1600. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial.

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