No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£230,000
Added > 14 days

Office for sale

Regents Terrace, Gateshead
Save
Office
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • For Sale
  • Mid – Terraced 3 Storey Office Building
  • Net Internal Area: 140.61 sqm (1,514 sqft)
  • Partly Let
  • Price: £230,000
Location - Located on Regent Terrace, Gateshead the premises are in walking distance to Gateshead town centre and public transport interchange. The location fronts onto A184 offering good access to Newcastle City Centre and the A1.

Description - The property which is Grade II listed comprises a three storey plus basement office building and includes a dedicated parking space to the rear.
Comprising of 4 office suites along with a basement meeting room, communal 2nd floor kitchen and WC’s on 2 floors within communal area, the accommodation provides bright and characterful office space arranged to provide a range of smaller and larger rooms and has been well maintained.
The property has three tenants to the ground and second floors. The first floor office suite and basement accommodation are currently vacant.

Accommodation - The Net Internal Area (NIA) is as follows:
140.61 sqm (1,514 sqft)

Services - We understand that all mains services are connected to the property. (All interested parties should satisfy themselves with the local service providers).

Planning - We understand that the premises have planning permission for use as an office as designated under class E of the Town and Country (Use Classes) Order 1987 (as amended)

It is anticipated that there would be potential for residential conversion in the future, subject to Planning Permission.

Energy Performance Certificate - The property has a rating of :

D83

Price - The Freehold Interest is available at a Guide Price of £230,000

Tenure - Freehold

Lease Details - Ground Floor: Let to Collingwood Immigration. The passing rent is £6,600 pa
First Floor and Basement: Currently Vacant and on the market at a Guide Rent of £8,400 pa
Part Second Floor: Let to MLDS. The passing rent is £1,920 pa
Part Second Floor: Let to Marc Flaherty. The passing rent is £1,920 pa

All leases are currently holding over.

Vat - All prices quoted are exclusive of VAT at the prevailing rate.

Anti Money Laundering - In accordance with the Anti-Money Laundering Regulations the applicants will be required to provide two forms of identification and proof of the source of income.

Costs - Each party will be responsible for their costs in the transaction.

Viewings - The property is available to view by appointment through R A Jackson and Son.

Property information from this agent

Places of interest

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    Property reference 33278300. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by R. A. Jackson & Son - North Shields.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.