Valley House Kingsway, Team Valley, Gateshead, NE11 0JS

£ 26,675 pa / 3,233 sq ft
Valley House, Gateshead - Picture 2024-02-28-13-44-42
Use Class

Use Class

E

Size

Size

3,233 sq ft

Rent pa

Rent pa

£26,675

  • Good Specification Throughout

  • Available as a whole or sub divided subject to negotiations with the Landlord.

  • On Site Car Parking

  • Nearby operators include: Westray Recruitment Consultants, Co*Shabang Limited, Roxoa OSO Hot Water, Train Limited and SSE Enterprise Energy Solutions

The subject property is situated on Kingsway within the heart of the popular Team Valley Trading Estate in Gateshead. Kingsway is the primary route through the Team Valley, which also provides access to the A1 Western Bypass. Valley House is a two-storey property set within its own grounds benefitting from good car parking facilities and a relatively modern fit out throughout.

Key Information

Viewing

Strictly by appointment.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser’s funds will also be required.

Accommodation

3,233 Sq.Ft

Arranged over ground and first floor, within a multi occupied building, with shared communal areas and WC facilities.

Areas
Sq.Ft
Sq.M
Ground Floor Area
1,523
141
First Floor Offices
1,334
123
First Floor Kitchen
386
35.9

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of a FRI lease for a term expiring 2nd October 2027. Please note there is a break option 3rd October 2025

Rent

Subject to contract, rental offers are invited in the region of £26675 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Incentive

Incentives are available to an ingoing occupier subject to status and negotiations

Tenure

Leasehold

Rates

Rateable Year:
2024
Rateable Value:
£26,250.00
Rates payable:
£13,099.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

B
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 25/04/2024