Newcastle upon Tyne

City Quadrant, Newcastle upon Tyne, NE1 4DP

£130,000


Quick Summary

Price £130,000
City Newcastle upon Tyne
Size (Acres)
Beds 0
Bathroom 0
Garden 0
Parking Spaces
Period

Downloads


Contact

Carlisle Office
01228 548385

ユᅠFantastic restaurant/retail opportunity.
ユᅠLocated on the ground floor of a stunning landmark mixed use development.
ユᅠSituated at the western entrance to Newcastle City Centre within 150m of Central Station.

LOCATION
City Quadrant is a stunning landmark mixed use development situated at the western entrance to Newcastle city centre within 150m of Central Station. The scheme is part of the Waterloo Square development that forms part of the western gateway to Newcastle's vibrant city centre.

The unit lies adjacent to the A6082/A189 St James Boulevard and Westmoreland Road, an excellent location with Newcastle Central Station, the main coach station, the International Centre for Life and the retail core all in close proximity.

DESCRIPTION
This modern ground floor unit is designed to a high specification including 5m fully glazed frontage, suspended ceilings and category II diffused lighting. The unit also benefits from an internal passenger lift between basement and ground floor.

ACCOMMODATION
We have measured the premises in accordance with the current edition of the RICS Code of Measuring Practice, and estimate the subject has the following Net Internal Areas:

Ground floor sales: 379.79 sq m (4,088 sq ft)
Mezzanine level: 92.9 sq m (1,000 sq ft)
Basement sales: 690.2 sq m (7,368 sq ft)

TENURE
The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed, incorporating 5 yearly rent reviews.

BUSINESS RATES
According to the Government website the property is listed in the Valuation Roll as:

Rateable Value ᆪ107,000
Rates Payable ᆪ46,117

Interested parties are advised to contact the Local Rating Authority for verification of the above.

RENT
ᆪ130,ooo per annum exclusive of service charge, business rates and all other outgoings.

VAT
All figures quoted are exclusive of VAT where applicable.

ENERGY PERFORMANCE CERTIFICATE
A full copy of the Energy Performance Certificate for the unit is available to download from the Edwin Thompson website.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.

VIEWING & FURTHER INFORMATION
Please contact the joint marketing agents:

John Haley or Joe Ellis
Edwin Thompson
T: 01228 548385
E: [email protected] or [email protected]

ユᅠFantastic restaurant/retail opportunity.
ユᅠLocated on the ground floor of a stunning landmark mixed use development.
ユᅠSituated at the western entrance to Newcastle City Centre within 150m of Central Station.

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