Mersey House, Mandale Business Park, Belmont, Durham, DH1 1TH

Description
The property provides modern office accommodation with a specification following refurbishment as follows: - Perimeter trunking - LED lighting - Suspended ceiling - Double glazed windows - Male, female and DDA WCs - Reception/entrance lobby - Passenger lift - Kitchenette - Fully carpeted - DDA compliant - Ample on-site parking

Location
Belmont Business Park is extremely well located on the outskirts of Durham City on Broomside Lane which is close to Junction 62 of the A1(M) via the A690. Newcastle upon Tyne is 15 miles to the north and Sunderland 9 miles to the north east. There is a 'Park & Ride' car park nearby on the A690.

Belmont is also very well situated for the region's main airports in Newcastle and Durham Tees Valley as well as the east coast's rail line station at Durham offering regular rail services to London Kings Cross.

Belmont is a well-established business park with a line-up of occupiers including; Cooper BMW/ Mini, Pulman Skoda, Premier Inn, Age UK, Howdens, Rexel, Home Group, BHP Law and Durham & Darlington Fire Service (HQ).

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Terms
The property is available by way of new EFRI leases for a term of years to be agreed between the parties at a rent of £12 psf.

A service charge is applicable for the upkeep of the building and the internal and external common areas. Further information available upon request.

Business Rates
Ground Floor
Rateable Value : £26,000 (Effective 1st April 2023)
Estimated Rates Payable : £12,974

First Floor (LHS)
Rateable Value : £15,000 (Effective 1st April 2023)
Estimated Rates Payable : £7,485

Our estimates are calculated by applying the appropriate Business Rate Multiplier to the RV. It is important that interested parties confirm the accuracy of this information and the actual rates payable with the Local Authority.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to us on this basis and where silent, offers will be deemed net of VAT.

Anti-Money Laundering Regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.