Office to let in Tundry Way, Chainbridge Industrial Estate, Blaydon-on-Tyne, NE21

LOCATION
The property is situated on Chainbridge Road Industrial Estate in Blaydon, which lies approximately 5 miles west of Newcastle upon Tyne City centre, on the southern bank of the River Tyne, close to Scotswood Bridge and the A1 Trunk road.

The estate is a popular retail warehouse location which is well known throughout the Tyneside area. Occupiers on the estate include The Tile Shed and other retailers principally those in the Home Improvement and furnishing sectors.

There is ample shared free car parking available in the surrounding area.

DESCRIPTION
The property comprises first floor office space within a two-storey mid-terraced building of steel portal frame construction with brick/breeze block walls and profile metal sheet cladding. The windows to the office are UPVC double glazed.

The office space has recently been refurbished to a good standard. Internally, it benefits from a suspended ceiling with LED lighting and plastered walls. There is a modern kitchen and male/female w.c.’s. and a gas fired central heating system.

The two smaller rooms at the rear do not benefit from natural light.

There is shared car parking to the front of the property

ACCOMMODATION
The property is laid out as follows:

First Floor
Room 1 35.59 sq m (383 sq ft)
Room 2 30.19 sq m (325 sq ft)
Room 3 5.35 sq m (58 sq ft)
Room 4 18.57 sq m (200 sq ft)

Total 89.70 sq m (966 sq ft)

Rooms 3 & 4 do not benefit from direct natural light.

TERMS
The property is available to let by way of a new internal repairing and insuring lease for a term of years to be agreed.

The tenants are also responsible for payment of a service charge and for their own gas and electricity supplies which are charged by way of a sub-meter.

Rent is £10,500 per annum, exclusive of business rates and payable quarterly in advance.

OUTGOINGS
The property will be reassessed for business rates upon occupation.

It is envisaged that potential tenants may benefit from small business rates relief.

Interested parties should make their own enquiries of the Local Authority.

VAT
The property is registered for VAT and therefore VAT will be payable on the rent.

OTHER
CODE OF PRACTICE FOR COMMERCIAL LEASES

The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,
www.commercialleasecodeew.co.uk

VIEWING
VIEWING

Strictly by appointment with sole agents YoungsRPS, reference Paul Fairlamb or Molly Flannigan.