Member Article

Workshop in Sandyford To Let, Possible Alternative Use

Workshop To Let in Sandyford

LOCATION

The property is prominently located on Sandyford Road, Sandyford right on the outskirts of the City Centre. As one of the main routes into Newcastle City Centre there is a constant flow of traffic and footfall especially during rush hours and weekends. This part of Newcastle is also a densely populated by students of both universities and this is on one of the main pedestrian routes used to get there.

DESCRIPTION

A typical urban workshop building mainly of brick construction with a concrete slab floor and pitched roof. The accommodation is largely on one level except for a mezzanine area to the rear of the property. There is a partition providing for an office/waiting area and to the rear of the premises are 2 w.c.’s.

The workshop also benefits from an inspection pit and 2 roller shutter vehicle access doors to the side.

A forecourt fronting the property provides off street parking for up to 4 cars.

ACCOMMODATION

The property extends to approximately 175sqm (1,883sqft) on the ground floor. The mezzanine is around 15sqm (161sqft).

OPPORTUNITY

The property is available for alternative use subject to necessary planning and consents. At present it offers workshop space and was previously a vehicle repair garage and MOT station.

TENURE

The property is available by way of a new lease (full terms to be agreed) at an initial rent of £30,000pa (negotiable).

RATEABLE VALUE

A search of the database on voa.gov.uk shows the current rateable value for the period 2010-2015 as ££5,500.

LEGAL COSTS

Each party will bear their own costs.

FIXTURES & FITTINGS

We are advised by our client that all of the fixtures and fittings are owned outright (unless stated otherwise) and will therefore be included in the sale subject to inventory where applicable.

VAT

All figures stated are exclusive of VAT unless otherwise stated. VAT may be applicable.

COMMERCIAL FINANCE

The commercial market is a challenging environment and getting the right commercial finance package can be a challenge. We have working relationships with many lenders including high street banks and specialist lenders.

Call Roberts Commercial on 0191 280 3285 for more details

This was posted in Bdaily's Members' News section by Jason Roberts .