**Location**
The property is located on Front Street, which is the main thoroughfare within
the affluent village of Burnopfield and is approximately 7 miles from the
A1(M). The subject property is on a number of local bus routes, providing
access to various regional towns and cities. Burnopfield is approximately 10
miles west of Gateshead, 13 miles south west of Newcastle upon Tyne City
Centre and 14 miles north of Durham.
**Description**
The property comprises a two - storey stone built office building, most recently
used as an Education Centre with on - site parking for up to 12 spaces.
Internally the property is well maintained and benefits from reception area,
office, meeting room and w/c facilities to the ground floor and further
cellular office accommodation, kitchen and w/c to the first floor. Other
advantages include carpeted floors throughout, central heating, LED lighting,
CCTV and full security alarm system.
The property would be suitable for a variety of uses within Use Class E or
other use including residential conversion, subject to planning.
**Accommodation**
Office NIA 144. 54 m² (1, 555 ft²)
Garages NIA 48. 60 m² (523 ft²)
Total NIA 193. 14 m² (2, 078 ft²)
**EPC rating**
To be re - assessed.
**Rating assessment**
The rateable value of the premises as at 1 April 2023 is £7, 300 and the
estimated rates payable for the current year is £3, 642. 70. This is based on
the standard uniform business rates multiplier of 49. 9p in the pound. The
property is eligible for full business rates relief, subject to certain
criteria. Interested parties should confirm the current position with the
Local Authority.
**Terms**
The property is available to let for £25, 000 (Twenty Five Thousand pounds) per
annum on a new Full Repairing and Insuring lease for a term of years to be
agreed.
**Asking price**
Our client’s Freehold interest is available for sale for £325, 000 (Three
Hundred and Twenty Five Thousand pounds).
**VAT**
VAT is not applicable to this purchase.
**Legal costs**
Each party is to bear their own legal costs involved in the transaction.
**Anti - money laundering regulations**
In accordance with the Anti - Money Laundering Regulations the Purchaser/Tenant
will be required to provide two forms of identification and proof of the
source of income.

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