£325,000

Office for sale

  1. Property photo 1 of 1.

£325,000

(£156.40/sq. ft)

Office for sale

Front Street, Burnopfield, Newcastle Upon Tyne NE16

2,078 sq. ft

Local area information

Property location

Nearby amenities

  • Burnopfield Primary School 0.2 miles
  • Sacred Heart Catholic Primary School 0.9 miles
  • Blaydon 4.1 miles
  • MetroCentre 4.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Location

The property is located on Front Street, which is the main thoroughfare within the affluent village of Burnopfield and is approximately 7 miles from the A1(M). The subject property is on a number of local bus routes, providing access to various regional towns and cities. Burnopfield is approximately 10 miles west of Gateshead, 13 miles south west of Newcastle upon Tyne City Centre and 14 miles north of Durham.
Description

The property comprises a two-storey stone built office building, most recently used as an Education Centre with on-site parking for up to 12 spaces. Internally the property is well maintained and benefits from reception area, office, meeting room and w/c facilities to the ground floor and further cellular office accommodation, kitchen and w/c to the first floor. Other advantages include carpeted floors throughout, central heating, LED lighting, CCTV and full security alarm system.

The property would be suitable for a variety of uses within Use Class E or other use including residential conversion, subject to planning.
Accommodation

Office NIA 144.54 m² (1,555 ft²)
Garages NIA 48.60 m² (523 ft²)
Total NIA 193.14 m² (2,078 ft²)
EPC rating

To be re-assessed.
Rating assessment

The rateable value of the premises as at 1 April 2023 is £7,300 and the estimated rates payable for the current year is £3,642.70. This is based on the standard uniform business rates multiplier of 49.9p in the pound. The property is eligible for full business rates relief, subject to certain criteria. Interested parties should confirm the current position with the Local Authority.
Terms

The property is available to let for £25,000 (Twenty Five Thousand pounds) per annum on a new Full Repairing and Insuring lease for a term of years to be agreed.
Asking price

Our client’s Freehold interest is available for sale for £325,000 (Three Hundred and Twenty Five Thousand pounds).
VAT

VAT is not applicable to this purchase.
Legal costs

Each party is to bear their own legal costs involved in the transaction.
Anti-money laundering regulations

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

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bradley Hall. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bradley Hall for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. Burnopfield
  6. Front Street

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Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.