The subject property is located within Bankside, The Watermark in Gateshead. The Watermark is a popular office park location with surrounding occupiers including whp, Stokoe Rodger, Barratt Homes, Eclipse Networks, Hansteen and JumpArena Trampoline Park.
The Watermark is situated between the River Tyne and A1114, which provides direct access to A1(M) to the west and A184 and Gateshead town centre to the east. The Watermark is adjacent to intu Metrocentre, 0.4 miles from Metrocentre Train Station and 1 mile from A1(M). Description
The subject property comprises a mid terrace office premises which provides office accommodation over ground and first floors. The office benefits from an entrance foyer and an intercom system as well as kitchen and WC facilities to include male, female and disabled.
The office has gas central heating, perimeter trunking, suspended ceilings and strip fluorescent lighting.
The property benefits from 8 allocated car parking spaces. Accommodation
Ground Floor 85.1m² 916ft² First Floor 96.5m² 1,039ft² Total 181.6m² 1,955ft² EPC rating
We are advised that the rateable value of the premises as at 1 April 2017 is as above and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 49.9p in the pound. However, interested parties should confirm the current position with the Local Authority. Terms
The freehold of the property is available at £295,000 (Two Hundred and Ninety Five Thousand Pounds).
The property may be available by way of a new lease with terms to be agreed at £24,000 (Twenty Four Thousand Pounds) per annum. 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. Legal costs
Each party is to bear their own legal costs involved in the transaction. Money laundering regulations
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
Property descriptions and related information displayed on this page are marketing materials provided by Bradley Hall. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bradley Hall for full details and further information.