LOCATION
The property is located on Westgate Road and is a two minute walk from Newcastle main line rail station. The Stamp Exchange has ease of access to the shops, bars and restaurants within the city centre and Quayside areas.
DESCRIPTION
The Stamp Exchange is a well known property that has been redeveloped behind a listed façade to create attractive office space and residential accommodation.
The available office suites have undergone full refurbishment and are located on the first floor with the following specification:
• Comfort cooling
• Suspended ceilings
• LED light fittings
• Raised access floors
• New carpets
• 2 partitioned offices
• Manned reception
• Male, female and disabled WC’s
ACCOMMODATION
The offices have the following approximate areas:
Suite 1 314.42 sqm 3,384 sq ft
Suite 2 140.84 sqm 1,516 sq ft
TOTAL 455.26 sqm 4,900 sq ft
CONNECTIVITY
The property is connected to the Virgin Media fibre network. Options are available for a dedicated line or provision from the landlord’s connection dependent on the occupiers needs. Further details available on request.
TERMS
A new effective full repairing and insuring lease is to be granted for a term by arrangement.
RENT
£15.00 psf per annum exclusive of VAT, rates and service charge.
SERVICE CHARGE
A service charge will be payable to cover the costs of the landlord’s upkeep of the common areas and external structure of the building. The current budget equates to £5.50 per sq ft.
RATING ASSESSMENT
According to the Valuation Office Agency website the premises have the following rateable values:
Suite 1 £34,000
Suite 2 £17,500
EPC
The EPC rating is D-80.
MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
VAT
All rents, premiums and purchase prices quoted are exclusive of VAT. All offers are to be made to Gavin Black & Partners on this basis, and where silent, offers will be deemed net of VAT.
These brief particulars have been prepared as agent for our client and are intended as a convenient guide to supplement an inspection or survey. Their accuracy is not guaranteed.They contain statements of opinion and in some instances we have relied on information provided by others. You should verify the particulars on your visit to the property and the particulars do not obviate the need for a full survey and all appropriate enquiries. Accordingly there shall be no liability as a result of any error or omission in these particulars. January 2018.