From
£10,503 pa
(£15.96/sq. ft. pa)
Office to letShakespeare House, 18 Shakespeare Street, Newcastle Upon Tyne, Tyne And Wear NE1
From 658 - 1,252 sq. ft
About this property
Superb central location. Rent only £13.50 per sq ft per annum exclusive. Newly refurbished suites. Eight person passenger lift.
Shakespeare House has been comprehensively refurbished and modernised to provide high quality City centre office accommodation on three upper floors. The offices benefit from the following specification:
• Fully carpeted throughout
• Security entry system and CCTV
• Eight person passenger lift
• Three compartmental floor trunking
• Gas fired central heating via perimeter radiators
• Kitchen and w.c. Facilities are located within the common areas of the building on each floor
• Shower facilities
• Onsite cycle storage
• Double glazing throughout
• Good natural daylight
• dda compliant
Other occupiers of Shakespeare House include: Christie & Co (Business Transfer Agents), Protocol Education Limited (Education Recruitment Agents), CK21 (Structural/Civil Engineers) and Todd Milburn Partnership (Quantity Surveyors).
Accommodation
The accommodation currently available is as follows:
Suite 2 Second floor - 1252 sq ft
Suite 1 Third floor - 778 sq ft
Suite 3 Third Floor - 658 sq ft
Services
Terms
Each office suite is available on an effectively full repairing and insuring standard form of lease for the building for a term of 6 years, inside the protection of Part II of The Landlord & Tenant Act 1954.
Rents are as follows:
Suite 2 Second Floor - £16,902
Suite 1 Third floor - £10503
Suite 3 Third Floor - £8883
Rates
Rateable values are as follows:
Suite 2 Second floor - £13,000
Suite 1 Third floor - £8800
Suite 3 Third floor - £7100
VAT
VAT is payable on all rent and service charge
Legal Costs
Each party to bear their own legal costs in connection with the preparation and execution of the lease.
Service Charge
A service charge will be payable to enable the landlord to recover from the tenant a fair proportion of the costs of maintaining and managing the building and common areas. A proportion of the building insurance premium is recovered separately from the service charge.
The service charge will be capped for the first 3 years of the term at the rate of £8.50 per sq ft plus VAT per annum for the first year, with rpi linked increases for the second and third years of the term.
Viewing
Strictly by appointment through YoungsRPS or Joint Agents Avison Young
Parking
Planning
Property
Energy performance certificate
The offices are rated c-75.
A copy of the EPC certificate and recommendation report is available on request.
Code of practice for commercial leases
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,
Shakespeare House has been comprehensively refurbished and modernised to provide high quality City centre office accommodation on three upper floors. The offices benefit from the following specification:
• Fully carpeted throughout
• Security entry system and CCTV
• Eight person passenger lift
• Three compartmental floor trunking
• Gas fired central heating via perimeter radiators
• Kitchen and w.c. Facilities are located within the common areas of the building on each floor
• Shower facilities
• Onsite cycle storage
• Double glazing throughout
• Good natural daylight
• dda compliant
Other occupiers of Shakespeare House include: Christie & Co (Business Transfer Agents), Protocol Education Limited (Education Recruitment Agents), CK21 (Structural/Civil Engineers) and Todd Milburn Partnership (Quantity Surveyors).
Accommodation
The accommodation currently available is as follows:
Suite 2 Second floor - 1252 sq ft
Suite 1 Third floor - 778 sq ft
Suite 3 Third Floor - 658 sq ft
Services
Terms
Each office suite is available on an effectively full repairing and insuring standard form of lease for the building for a term of 6 years, inside the protection of Part II of The Landlord & Tenant Act 1954.
Rents are as follows:
Suite 2 Second Floor - £16,902
Suite 1 Third floor - £10503
Suite 3 Third Floor - £8883
Rates
Rateable values are as follows:
Suite 2 Second floor - £13,000
Suite 1 Third floor - £8800
Suite 3 Third floor - £7100
VAT
VAT is payable on all rent and service charge
Legal Costs
Each party to bear their own legal costs in connection with the preparation and execution of the lease.
Service Charge
A service charge will be payable to enable the landlord to recover from the tenant a fair proportion of the costs of maintaining and managing the building and common areas. A proportion of the building insurance premium is recovered separately from the service charge.
The service charge will be capped for the first 3 years of the term at the rate of £8.50 per sq ft plus VAT per annum for the first year, with rpi linked increases for the second and third years of the term.
Viewing
Strictly by appointment through YoungsRPS or Joint Agents Avison Young
Parking
Planning
Property
Energy performance certificate
The offices are rated c-75.
A copy of the EPC certificate and recommendation report is available on request.
Code of practice for commercial leases
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,
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