Freehold £2,200,000 for the Leasehold
Leasehold £200,000 Per Annum
Meridian House, Kingsway North, Team Valley Trading Estate, Gateshead NE11 0JH

• Fully refurbished
• 6m Eaves
• Secure Yard and 60 car parking spaces
• Direct access to A1
• Prominent location
• Two storey high quality offices

Description

The property comprises an extensive self contained detached industrial/office premises of steel portal frame construction with brick/blockwork walls and insulated clad panels above and to the roof. The premises has a reception area with a mix of open and cellular offices and WC facilities over two floors fitted to a high standard including double glazed windows, gas central heating and air conditioning. There are 60 car parking spaces together with a fenced yard with two loading doors. The eaves height extends to 6 metres.

Location

The property is located within Team Valley Trading Estate, the North East's busiest and premier commercial estate, that covers a total area of approximately 238 hectares and provides in excess of 650,000 m2 of commercial accommodation. The estate is 4.5 miles south of the Newcastle upon Tyne and has direct access onto the A1, linking the North and Scotland with the Midlands and South. The property is located on Kingsway North, the main thoroughfare which runs through Team Valley and a short distance from Retail World.

Services

We understand that the property is connected to all mains services.

VAT

All figures quoted are exclusive of VAT which may apply.

Business Rates

Rateable Value 2017 : £181,000

Terms

The property is available to lease on FRI terms for a term of years to be agreed. Offers are invited for the long leasehold interest.

EPC

The EPC Rating for the property is available on request.