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Sold STC

Guide price

£350,000

(£26.12/sq. ft)

Office for sale

Thornton Street, Newcastle Upon Tyne NE1
13,402 sq. ft

Guide price

£350,000

(£26.12/sq. ft)

Office for sale
Thornton Street, Newcastle Upon Tyne NE1

    • 13,402 sq. ft

Sold STC

About this property

  • Excellent Investment Opportunity

  • Ground Floor & Basement Only

  • Size 1,245m, 13,402ft

  • 0.4 miles from St. James Park

  • 0.2 Miles from Central Station

  • 0.4 mile from Redheugh Bridge

Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction Charlton's Bonds. Charlton's Bonds is a historical building which dates back to 1885 and was originally a bonded warehouse. The subject property is arranged over ground floor and basement, with access at the front, side and rear of the building. The interior is partially renovated offering a unique opportunity for a buyer looking to fit out as office accommodation or potentially retail, restaurant or leisure (subject to planning permission).

Please note we have not inspected this property.

Location

The subject property is located on Waterloo Street in Newcastle upon Tyne. The property is situated in a popular mixed-use location in the city centre and is conveniently located just off Westgate Road (A186). There is a mix of businesses, apartments and hotels within the vicinity. The property benefits from being just 0.1 mile from local bus routes on Westgate Road, 0.2 miles from Newcastle's Central Train and Metro Station and 0.4 miles from St. James Metro Station. Local attractions and amenities include St. James Park (0.4 miles), Chinatown (0.2 miles), Monument (0.5 miles) and Eldon Square (0.3 miles). The property is also within close proximity of local bars and restaurants.

Accommodation

We calculate the approximate net internal floor area to be as follows:
Basement: 687.65m, 7,402ft
Ground Floor: 557.41m, 6,000ft
Total: C1,245m, c13,402ft

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Planning

(Change of use of basement from storage to office accommodation (Class B1) and alterations to elevations as amended by plans received on 1/11/18)

(Conversion of dance studio, training centre and lighting centre to provide office accommodation (Class B1) at ground floor level and storage at basement level.

Tenure

Leasehold. Title number TY566012.
Date : 26 February 2019
Term : 999 years beginning on and including 26 February 2019

Rateable Value

Any interested buyer should check the current position with the Local Authority.

EPC

Available upon request (rating E).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

More information

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