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Office to let

£10,503 pa (£875 pcm)

Shakespeare House, 18 Shakespeare Street, Newcastle Upon Tyne, Tyne And Wear NE1

Office to let
Interested in this property? Call +44 191 563 0289 * or Request Details

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

Property description

Superb central location. Rent only £13.50 per sq ft per annum exclusive. Newly refurbished suites. Eight person passenger lift.

Shakespeare House has been comprehensively refurbished and modernised to provide high quality City centre office accommodation on three upper floors. The offices benefit from the following specification:

• Fully carpeted throughout
• Security entry system and CCTV
• Eight person passenger lift
• Three compartmental floor trunking
• Gas fired central heating via perimeter radiators
• Kitchen and w.c. Facilities are located within the common areas of the building on each floor
• Shower facilities
• Onsite cycle storage
• Double glazing throughout
• Good natural daylight
• dda compliant

Other occupiers of Shakespeare House include: Confederation of British Industry, Christie & Co (Business Transfer Agents), Protocol Education Limited (Education Recruitment Agents), CK21 (Structural/Civil Engineers), Todd Milburn Partnership (Quantity Surveyors) and Kelburn Recruitment Limited.

Accommodation

The accommodation currently available is as follows:

Suite 3 Second Floor - 1177 sq ft
Suite 1 Third floor - 778 sq ft

Services

Terms

Each office suite is available on an effectively full repairing and insuring standard form of lease for the building for a term of 6 years, inside the protection of Part II of The Landlord & Tenant Act 1954.

Rents are as follows:

Suite 3 Second Floor - £15890
Suite 1 Third floor - £10503

Rates

Rateable values are as follows:

Suite 3 Second Floor - £10250
Suite 1 Third floor - £8800

VAT

VAT is payable on all rent and service charge

Legal Costs

Each party to bear their own legal costs in connection with the preparation and execution of the lease.

Service Charge

A service charge will be payable to enable the landlord to recover from the tenant a fair proportion of the costs of maintaining and managing the building and common areas. A proportion of the building insurance premium is recovered separately from the service charge.

The service charge will be capped for the first 3 years of the term at the rate of £8.50 per sq ft plus VAT per annum for the first year, with rpi linked increases for the second and third years of the term.

Viewing

Strictly by appointment through Joint Agents YoungsRPS or Avison Young

Parking

Planning

Property

Energy performance certificate

The offices are rated c-75.

A copy of the EPC certificate and recommendation report is available on request.


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,

Property info

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For more information about this property, please contact
YoungsRPS, NE1 on +44 191 563 0289 * (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 YoungsRPS, and do not constitute property particulars. Please contact YoungsRPS 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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