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COMMERCIAL

12, Regent Terrace, Gateshead, Tyne & Wear, NE8

£1,021 pcm
£12,250 pa
Youngs RPS, Hexham

Letting details

Let available date:
Ask agent
Let type:
Long term
PROPERTY TYPE

Office

SIZE

1,116 sq ft

104 sq m

Description

• Ground Floor Office to Let

• Town Centre location

• Parking to front/rear

• Rent £12,250 per annum


The subject property comprises the ground floor office within a two-storey Grade II Listed building of brick construction under a slate covered pitched roof. The windows are single glazed and the property benefits from gas fired central heating to radiators. The property is situated within a Conservation area.

Internally, the property has carpeted floors and plastered walls and ceilings. The space is divided into four rooms accessed off a shared corridor. There is a kitchen to the rear of the ground floor and a W.C with wash basin. Additional basic storage has been created within the basement.

There is off street parking to the front and rear.

This property is suitable for office use.

Accommodation

The property provides the following net internal floor areas:

Basement 15.62 sq m (168 sq ft)
Ground Floor:
Office 1 20.20 sq m (217 sq ft)
Office 2: 21.69 sq m (233 sq ft)
Office 3: 17.82 sq m (192 sq ft)
Office 4: 21.79 sq m (235 sq ft)
Kitchen: 6.59 sq m (71 sq ft)

Total: 103.71 sq m (1,116 sq ft)

Services

Terms

The property is available to let for a term of years to be agreed with provision for upward only rent review at the end of the third year of the term. The lease will be drawn on an internal repairing and insuring basis and there will be a service charge operating relating to the maintenance of the common parts.

The rent is £12,250 per annum exclusive of business rates and payable quarterly in advance.

Rates

We understand the property is entered into the 2023 Rating List with a Rateable Value of £7,900.

Interested parties should verify this figure with the Local Authority. A new tenant may qualify for Business Rates Relief.

VAT

The property is not registered for VAT and therefore VAT will not be payable on the rent.

Legal Costs

The ingoing tenant is to pay a contribution towards the landlord’s proper legal costs.

Service Charge

Viewing

Strictly by appointment with youngsRPS.
Contact Paul Fairlamb on .

Parking

Planning

PROPERTY

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,

Brochures

Particulars

12, Regent Terrace, Gateshead, Tyne & Wear, NE8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gateshead Stadium Tram Stop0.7 miles
  • Newcastle Central Station0.8 miles
  • Manors Station1.0 miles
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About Youngs RPS, Hexham

Priestpopple Hexham NE46 1PS
Industry affiliations:Industry affiliation 0 logoIndustry affiliation 1 logoIndustry affiliation 2 logo
Happy tenant. Happy landlord.

At youngsRPS, we're proud to offer a full lettings service for landlords across the North East and North Yorkshire.

Take the stress away from letting your property by allowing our expert team to work with you to ensure the best possible end result. We know your property is a valuable asset, so we take the time to ensure it's well looked after. You will have the peace of mind that we are regulated by RICS.

Our mission

Outstanding service is at the core of everything we do and letting your property will be no exception...

Our friendly, expert team provide a wide range of services for landlords including:

  • Advice on values, rental trends and setting standards within current legislation.

  • Finding the perfect tenant for your property which includes: background checks, tenancy agreements, deposit collection, release of keys and more.

  • A full management solution which includes: rent collection, holding monies in an approved client account (RICS regulated), preparing quarterly accounts, tenancy agreements, undertaking inspections and safety checks, liaison with tenants, out of hours contacts for tenants, meter readings and more.

Lettings experts with local knowledge

With significant experience in keeping both landlords and tenants happy, we know what's required to ensure the letting process works well for all parties involved.

If you've had issues in the past with lettings or struggled to find the right agent, we're sure you'll find our service a refreshing change.

We offer:

  • Unrivalled local knowledge of the property market

  • A bespoke solution for landlords

  • Personalised marketing

  • Adverts on our website and leading platforms

  • A free market appraisal

Great feedback

We're thrilled to regularly receive excellent feedback from our landlord clients.

"YoungsRPS has looked after my rental property for over five years. In that time, Teresa Sargeant has dealt with issues (when necessary) effectively and efficiently and she has always managed to find suitable tenants. I look forward to many more years leasing my property through YoungsRPS."

"The Hexham branch of YoungsRPS have provided excellent service and we are very satisfied customers. We would not hesitate to recommend YoungsRPS and their property services to potential clients."

With lettings departments operating from our Hexham, Northallerton and Sedgefield offices, wherever you are located across our network, we'll be sure to have expert knowledge of your local area to let your property quickly.

For further information on lettings or for a free market appraisal please contact our team today or visit: www.youngsrps.com

Notes

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Disclaimer - Property reference NEW240037_L. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Youngs RPS, Hexham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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