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1 Bedroom Commercial Property for sale in Leazes Park Road, Newcastle upon Tyne, NE1 4PG

1 Bedroom Commercial Property - £450,000

Leazes Park Road, Newcastle upon Tyne, NE1 4PG

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First listed on: 25th August 2017

Nearest stations: Newcastle Central (0.5 mi)Manors (0.6 mi)Dunston (1.9 mi)Metro Centre (Gateshead) (2.4 mi)Heworth (3 mi)

Interested in this property? Call See phone number (0)191 290 6000

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Property Description

LocationThe property is located on Leazes Park Road, to the north west of the city centre. The premises are within the Leazes Park conservation area which remains a popular inner city residential and commercial location. The conservation area links the main retailing core of the city centre to Leazes Park, Newcastle University and the RVI Hospital. The property islocated very close to St James Park and Eldon Square.DescriptionThe property is two linked properties, 52 and 54 Leazes Park Road. 52 Leazes Park Road is an older, three storey office property which is a Listed Building, 54 Leazes Park Road was built around 30 years ago and sympathetically blends in with the historic buildings on Leazes Park Road. The offices are over three storeys, with associated WC and kitchen facilities, the property benefits from 4/5 car parking spaces to the rear.AccommodationThe existing property has been measured on a Net Internal Area (NIA) Basis:Ground Floor 99.5 m2 1,071 ft2First Floor: 125.4 m2 1,350 ft2Second Floor: 101.9 m2 1,097 ft2Total: 326.8 m2 3,518 ft2*Note there is boarded up loft space in addition that has been used for file storage.Business Rates & Council Tax Assessment:The property is listed in the 2017 Rating List on the Valuation Office Agency Website(www.voa.gov.uk) as follows:Description: Rateable Value:Offices & Premises: £29,500Car Parking Spaces: £3,550The current business rates multiplier is 47.9p in the £.Services:We understand that the property benefits from all mains services, but suggest interestedparties make their own enquiries in this regards.Planning:We understand that the property has consent for its current use; potential tenants shouldmake their own enquiries. Please direct all planning enquiries to Newcastle City CouncilPlanning Department.Tenure:52 Leazes Park Road – Freehold54 Leazes Park Road – Long LeaseholdThe long leasehold title in 54 Leazes Park Road has circa 99 years unexpired term at apeppercorn rent. The long leasehold title relating to 54 Leazes Park Road contains a user clause to use the accommodation as office accommodation and no other use whatsoever.Price:£450,000 (Four Hundred & Fifty Thousand Pounds)VAT:We have been advised that VAT is NOT payable on the sale price.
LocationThe property is located on Leazes Park Road, to the north west of the city centre. The premises are within the Leazes Park conservation area which remains a popular inner city residential and commercial location. The conservation area links the main retailing core of the city centre to Leazes Park, Newcastle University and the RVI Hospital. The property islocated very close to St James Park and Eldon Square.DescriptionThe property is two linked properties, 52 and 54 Leazes Park Road. 52 Leazes Park Road is an older, three storey office property which is a Listed Building, 54 Leazes Park Road was built around 30 years ago and sympathetically blends in with the historic buildings on Leazes Park Road. The offices are over three storeys, with associated WC and kitchen facilities, the property benefits from 4/5 car parking spaces to the rear.AccommodationThe existing property has been measured on a Net Internal Area (NIA) Basis:Ground Floor 99.5 m2 1,071 ft2First Floor: 125.4 m2 1,350 ft2Second Floor: 101.9 m2 1,097 ft2Total: 326.8 m2 3,518 ft2*Note there is boarded up loft space in addition that has been used for file storage.Business Rates & Council Tax Assessment:The property is listed in the 2017 Rating List on the Valuation Office Agency Website(www.voa.gov.uk) as follows:Description: Rateable Value:Offices & Premises: £29,500Car Parking Spaces: £3,550The current business rates multiplier is 47.9p in the £.Services:We understand that the property benefits from all mains services, but suggest interestedparties make their own enquiries in this regards.Planning:We understand that the property has consent for its current use; potential tenants shouldmake their own enquiries. Please direct all planning enquiries to Newcastle City CouncilPlanning Department.Tenure:52 Leazes Park Road – Freehold54 Leazes Park Road – Long LeaseholdThe long leasehold title in 54 Leazes Park Road has circa 99 years unexpired term at apeppercorn rent. The long leasehold title relating to 54 Leazes Park Road contains a user clause to use the accommodation as office accommodation and no other use whatsoever.Price:£450,000 (Four Hundred & Fifty Thousand Pounds)VAT:We have been advised that VAT is NOT payable on the sale price.
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Date History Details
26/08/2017 Property listed at £450,000

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Disclaimer

Disclaimer Property reference A5832FA07E2E5A_NSSAL99253107. Details are provided and maintained by Hunters . Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Hunters, North Shields

Protection House Albion Road

North Shields

Tyne and Wear

NE30 2RH

Telephone: See phone number (0)191 290 6000

Website: Go to Agent Website

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference A5832FA07E2E5A_NSSAL99253107. Details are provided and maintained by Hunters . Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Hunters, North Shields

Protection House Albion Road

North Shields

Tyne and Wear

NE30 2RH

Telephone: See phone number (0)191 290 6000

Website: Go to Agent Website

Arrange Viewing Arrange Viewing with Agent

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