Interested in this property? Call Mark Proudlove on +44 (0)113 388 4859 or Rebecca Heptonstall on +44(0)113 212 3500

Location

The subject unit forms part of Central Exchange Buildings and fronts busy Grey Street, located in very close proximity to Greys Monument, the Sidgate entrance to Eldon Square Shopping Centre and to Monument Mall on Blackett Street.

Nearby retailers include Byron, Berrys Jewellers, French Connection, Cath Kidston, Reiss, Hugo Boss and Jack Wills.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor Sales 235 21.8
Basement Ancillary 750 69.7

Rent

£29,500 per annum exclusive

Tenure

Subject to formal Vacant Possession, we are seeking a new effectively full repairing and insuring lease for a terms of years to be agreed.

Business Rates

From 1st April 2017, we understand that the unit is assessed at a Rateable Value of £28,500, with a rates payable estimate of £13,281.

Interested Interested parties should satisfy themselves as to the reassessment by making their own enquiries with the Rates Department at Newcastle City Council (0191 232 8520).

Service Charge

The on-account service charge for the year 2017 stands at approximately £2,610.

EPC

Available on Request

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.