£8,000 pa

Office to let

  1. Property photo 1 of 1.

£8,000 pa

(£14.84/sq. ft. pa)

Office to let

River Drive, South Shields NE33

438 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Hadrian Primary School 0.3 miles
  • North Shields Ferry Terminal 0.3 miles
  • South Shields Ferry Terminal 0.4 miles
  • Waterville Primary School 0.6 miles

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

Features and description

  • Unfurnished
  • Modern Office Suite
  • Flexible Terms Easy In/Out
  • Rent inclusive of Service Charge and Buildings Insurance
  • Allocated Car Parking
  • Close to Town Centre and Public Transport
Location
Cookson House is located to the north edge of South Shields Town Centre and provides easy access on foot to the Town Centre. South Shields Metro Station is situated a few hundred metres from the development.

Description
The development comprises 20 individually accessed ground and first floor office suites which are set around an internal courtyard area that is used for parking.

Accommodation
Current availability is set out below:-
Unit Accommodation ft2 m2 EPC Rating Asking Rent
8 First Floor inc 3 parking spaces
689 64 Awaiting £5,512 pa + VAT
11 First Floor inc 2 car parking spaces 705 65.50 Awaiting £8,000 pa + VAT
12 First Floor inc 3 car parking spaces 950 88 Rating D £9,775 pa
+ VAT

Tenure
The suites are available on Easy in/Easy out standard tenancy agreements for a term of 3 years which include flexibility for the occupiers to terminate their agreements upon 3 months prior notice.

Costs
The tenant will be responsible for covering the cost of preparation and administration of the tenancy agreement in the sum of £350 + VAT.

Viewing
Contact – Marc Weaver or Alexa Reavley


• VAT
The rent is subject to VAT.

Rateable Value (rv)
The Valuation Office has confirmed the Rateable Values are as follows:-

Unit Number Rateable Value
Unit 8 £5,700
Unit 11 £5,700
Unit 12 £7,200

The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.

Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification

Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.

Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.

Ref
C4140

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Lofthouse and Partners Ltd. 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 Lofthouse and Partners Ltd for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. South Shields
  5. River Drive

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

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.