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Office for sale

£55,000

Kingsway, Team Valley Trading Estate, Gateshead NE11

Interested in this property? Call +44 191 686 1492 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Long leasehold
  • Team Valley Trading Estate
  • Designated Car Parking
  • EPC Rating C75
  • Office Space
  • Approx. 143.80m2 (1,547.86 )
  • VAT payable

Property description

Summary

To be sold at auction on 27th June 2017. Auction to be held at Kingston Park Rugby Ground, registration from 5pm. Property sold under conditional auction terms and conditions.

The property comprises a ground floor open plane office suite complete with WC and Kitchenette facilities. The accommodation benefits from a high quality finish with suspended ceilings, perimeter trunking, intruder alarm system and gas central heating. The property also benefits from designated private and visitor car parking spaces.

Location

The property is located within Team Valley Trading Estate situated adjacent to the A1, just south of Gateshead and approximately two mile south of Newcastle City Centre. The Estate is a commercial centre for the area and home to a number of major national occupiers. The Estate has excellent transport links offering access to bus routes and excellent road links north and south bound via the A1.

Accomodation

The property comprises:

Ground floor offices: Approximately 143.80 sq m (1,547.86 sq ft)

Rateable Value

We have been advised that the premises has been allocated an adopted rateable value of 13,000 pounds effective from the 1st April 2010.

However, interested parties should confirm the current position with the Local Authority.

As a new occupier rights of appeal may exist against this assessment.

Tenure

We have been advised the premises is available by long leasehold with an unexpired term of 99 years.

VAT

We have been advised VAT is payable on this transaction. All purchase prices quoted herein are exclusive of VAT. All offers are to be made to Pattinson and Bradley Hall upon this basis and will be deemed net of VAT.

Partner Agent

Timothy D Aisbitt at Bradley Hall

t: E:

Auction Conditions

The subject property/site is offered on unconditional sale terms. This means that the successful bidder will be required to exchange contracts on the day together with the submission of a 10% deposit subject to a minimum of 3600 pounds. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. As well as the 10% deposit any successful bidder would have to pay (650.00 pounds plus VAT) admin charge on any auction purchase. Bidders should be aware that additional costs may be due within the special conditions of sale, if provided by the sellers solicitor. You should check this before bidding.

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.

Property info

What Zoopla users think of Team Valley Trading Estate

Overall rating:

  • currently 3.5 stars
Good - 73%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Team Valley Trading Estate:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Dunston (1.2 miles)
  • Newcastle (2.2 miles)
  • MetroCentre (2.3 miles)
  • Newcastle Airport (7.6 miles)
  • Durham Tees Valley Airport (30.5 miles)
  • Leeds Bradford International Airport (74.0 miles)
  • Newcastle International Ferry Terminal (7.9 miles)
  • South Shields Ferry Terminal (8.4 miles)
  • North Shields Ferry Terminal (8.5 miles)

Nearby schools

View all schools in Gateshead
  • Lobley Hill Primary School (0.7 miles)
  • Oakfield Junior School (0.9 miles)
  • Oakfield Infant School (0.9 miles)
  • Yeshiva Lezeirim Preparatory Academy (1.5 miles)
  • NCG (2.1 miles)
  • Newcastle College (2.2 miles)
  • Emmanuel College (0.8 miles)
  • Joseph Swan Academy (0.8 miles)
  • Dryden School (1.2 miles)
Note: Distances are straight line measurements

Local info for Gateshead

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For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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