Rent £25,700 per annum

Rates Payable Upon Enquiry

Service Charge n/a

EPC Rating This property has been graded as C (54)

Description

Contemporary recently refurbished double fronted unit comprised over two floor plates. The unit benefits from double glazed shop frontage with excellent visibility facing directly onto Forth Street, internal electric roller shutters for additional security, level concrete floor, WC facilities with hot water heater and new LED lighting throughout. As part of the refurbishment, a heating and cooling air conditioning system has been installed. Arches 13 & 14 have been amalgamated to form one double unit which would be suitable to accommodate majority of operator requirements.

Occupiers in the nearby vicinity include Telegraph Pub, Sorcerer Café, Cavavin, Roomz Hotel, Four Points Flex Hotel, Grosvenor Casino, French Quarter amongst numerous others. Central Square North / South Grade A office buildings sit approximately 200 yards away from the subject property which houses national firms with well in excess of 1,000 staff members.

Terms

£25,700 per annum exclusive of VAT with terms to be agreed, subject to contract.

Available on The Arch Company’s standard tenancy agreement, typically 3 or 6 years subject to negotiation. All agreements will be granted outside Sections 24-28 of the Landlord & Tenant Act 1954 Part II. The Code of Practice on Commercial Leases in England & Wales strongly recommends that any tenant seeks professional advice before signing a business tenancy agreement. Other agreement types may be available.

Use/Planning

The property has consent for E Use Class under the Town & Country Planning Use Classes Order as amended 1 September 2020.

Alternative uses may be considered subject to obtaining the necessary planning consent from the Local Planning Authority, Newcastle City Council.