• ESTABLISHED BUSINESS CENTRE SPLIT OVER TWO FLOORS WITH

    SECURE CAR PARKING.

     

  • TOTAL GIA : 1,030.64 M² (11,094 SQ FT).

     

  • TOTAL GROSS INCOME £13,900 PA. FROM THREE TENANTS.

     

  • POSSIBLE VACANT POSSESSION OF WHOLE BY NEGOTIATION.

     

  • FREEHOLD OFFERS IN THE REGION £140,000 (SUBJECT TO CONTRACT)

 

VICTORIA ENTERPRISE CENTRE, BENWELL LANE, NEWCASTLE UPON TYNE, NE15 6RR

LOCATION

The subject property is located on Benwell Lane, Old Benwell, Newcastle upon Tyne.

The surrounding area is of mixed use development offering commercial, retail, leisure and residential.

 

DESCRIPTION

The property consists of a self-contained two storey commercial property currently operated as Victoria Business Centre, set within a secure fenced site. The property is of brickwork construction with pitch slate roof over. Access from Benwell Lane is at ground level with the lower level accommodation accessed to the rear car park. Internally the property is divided into various areas with individual tenants occupying demised units. The property benefits secure car parking to the rear (9 spaces), however this access is shared with adjacent occupier. This site does offer the benefit of an established location with good focal frontage on to a busy main road, providing many local services and amenities close-by.

 

ACCOMMODATION

From onsite measurements the following

areas have been calculated (GIA):

 

Ground Floor        515.31 m²

Lower Ground      515.31 m²

 

Total GIA             1,030.00 m²   (11,093 sq ft)

  

 

SERVICES

It is understood that all mains services are available to the site.

 

(All interested parties should satisfy themselves with the local service providers).

 

 

 

 

 

 

 

TENANCY AGREEMENT

See attached PDF

 

TENURE

Freehold

 

ENERGY PERFORMANCE CERTIFICATE

Full details upon request

 

PRICE

Freehold offers in the region of £140,000, Subject to Contract, for the benefit of the existing legal agreements.

 

It is understood that the whole site could also be available with full vacant  possession, subject to negotiation.

 

COSTS

The purchaser will be responsible for the Vendors reasonable legal fees incurred in this transaction

 

VAT

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

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