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SOLD STC

Waterloo Street, Newcastle upon Tyne, Tyne and Wear, NE1 4AP

Guide Price
£350,000

£26.12 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Commercial North East
SIZE AVAILABLE

13,402 sq ft

1,245 sq m

SECTOR

Office for sale

USE CLASSUse class orders: B2 General Industrial

B2

Key features

  • Excellent Investment Opportunity
  • Ground Floor & Basement Only
  • Size 1,245m², 13,402ft²
  • 0.4 miles from St. James Park
  • 0.2 Miles from Central Station
  • 0.4 mile from Redheugh Bridge

Description

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction Charlton’s Bonds. Charlton’s Bonds is a historical building which dates back to 1885 and was originally a bonded warehouse. The subject property is arranged over ground floor and basement, with access at the front, side and rear of the building. The interior is partially renovated offering a unique opportunity for a buyer looking to fit out as office accommodation or potentially retail, restaurant or leisure (subject to planning permission).

Please note we have not inspected this property.

Location

The subject property is located on Waterloo Street in Newcastle upon Tyne. The property is situated in a popular mixed-use location in the city centre and is conveniently located just off Westgate Road (A186). There is a mix of businesses, apartments and hotels within the vicinity. The property benefits from being just 0.1 mile from local bus routes on Westgate Road, 0.2 miles from Newcastle’s Central Train and Metro Station and 0.4 miles from St. James Metro Station. Local attractions and amenities include St. James Park (0.4 miles), Chinatown (0.2 miles), Monument (0.5 miles) and Eldon Square (0.3 miles). The property is also within close proximity of local bars and restaurants.

Accommodation

We calculate the approximate net internal floor area to be as follows:
Basement: 687.65m², 7,402ft²
Ground Floor: 557.41m², 6,000ft²
Total: c1,245m², c13,402ft²

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.

Planning

(Change of use of basement from storage to office accommodation (Class B1) and alterations to elevations as amended by plans received on 1/11/18)

(Conversion of dance studio, training centre and lighting centre to provide office accommodation (Class B1) at ground floor level and storage at basement level.

Tenure

Leasehold. Title number TY566012.
Date : 26 February 2019
Term : 999 years beginning on and including 26 February 2019

Rateable Value

Any interested buyer should check the current position with the Local Authority.

EPC

Available upon request (rating E).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Brochures

Waterloo Street, Newcastle upon Tyne, Tyne and Wear, NE1 4AP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newcastle Central Station0.2 miles
  • St James Station0.3 miles
  • Manors Station0.8 miles

About Pattinsons, Pattinsons Commercial North East

Kingfisher Way Silverlink, Wallsend, NE28 9NY

Notes

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Disclaimer - Property reference 475621. 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 Pattinsons, Pattinsons Commercial North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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