Office to let in Shakespeare House Offices, Shakespeare Street, Newcastle Upon Tyne NE1, £10,503 pa

10,503.00 per month

Offer Nr.:
62754646
Type of ad:
to Rent
Property type:
Office to let
Contact name:
YoungsRPS
Phone(s):
0191 563 0289

Superb central location. Rent only £13. 50 per sq ft per annum exclusive. Newly
refurbished suites
_Location_
Shakespeare House is situated opposite the Theatre Royal in the heart of
Newcastle’s traditional prime office core, close to Grey Street and the newly
developed Bank House on Pilgrim Street. It benefits from ease of access to the
Metro at Monument and is a two minute drive from the Central Motorway,
A167(M).
Newcastle’s prime retail areas of Northumberland Street and Intu Eldon Square
Shopping Centre are only a few minutes’ walk and Central Station can be
reached within a 10 minute walk.
There is on street parking and a number of multi - storey car parks nearby.
_Description_
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: Cbi, Christie & Co (Business
Transfer Agents), Protocol Education Limited (Education Recruitment Agents),
CK21 (Structural/Civil Engineers) and Kelburn Recruitment Limited.
_Accommodation_
The accommodation currently available is as follows:
Suite 1 First Floor - 747 sq ft
Suite 3 Second Floor - 1177 sq ft
Suite 1 Third floor - 778 sq ft
_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 1 First Floor - £10085
Suite 3 Second Floor - £15890
Suite 1 Third floor - £10503
_outgoings_
Rateable values are as follows:
Suite 1 First Floor - £8100
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 £7. 00 per sq ft plus VAT per annum for the first year, with rpi linked
increases for the second and third years of the term.
_Other_
**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,
_Viewing_
Strictly by appointment through Joint Agents YoungsRPS or Knight Frank

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