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Office to rent

Shakespeare House, 18 Shakespeare Street, Newcastle upon Tyne, Tyne and Wear, NE1
Office
Added > 14 days

Letting details

  • Long term let

Features and description

Superb central location. Rent only £13.50 per sq ft per annum exclusive. Newly refurbished suites. Eight person passenger lift.

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: Confederation of British Industry, Christie & Co (Business Transfer Agents), Protocol Education Limited (Education Recruitment Agents), CK21 (Structural/Civil Engineers), Todd Milburn Partnership (Quantity Surveyors) and Kelburn Recruitment Limited.

Rooms

Accommodation
The accommodation currently available is as follows: Suite 3 Second Floor - 1177 sq ft Suite 1 Third floor - 778 sq ft

Services

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 3 Second Floor - £15890 Suite 1 Third floor - £10503

Rates
Rateable values are as follows: 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 £8.50 per sq ft plus VAT per annum for the first year, with RPI linked increases for the second and third years of the term.

Viewing
Strictly by appointment through Joint Agents YoungsRPS or Avison Young

Parking

Planning

PROPERTY
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,

Property information from this agent

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About this agent

Youngs RPS - Commercial
Youngs RPS - Commercial
23 Grey Street Newcastle Upon Tyne NE1 6EE
0191 228 6167
Full profileProperty listings
Our in-house team of commercial surveyors and planning consultants based in Newcastle are experts in their field and can provide a range of professional services. Whether you are looking to buy, sell or let your property or require property management or valuations, our chartered surveyors and valuers offer sound advice and deliver optimum results working throughout the north east including Newcastle, Gateshead, Sunderland, Durham and Northumberland.
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