No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content

This property is no longer on the market

Front elevation

Office

Save
Office
0 bed
0 bath

Property description & features

LOCATION
Shakespeare House is situated opposite the Theatre Royal in the heart of Newcastle’s traditional prime office core, close to Grey Street and benefits from ease of access to the Metro at Monument and is a two minute drive from the Central Motorway, A167(M). Newcastle’s prime retail areas of Northumberland Street and Intu Eldon Square Shopping Centre are only a few minutes’ walk and Central Station can be reached within a 10 minute walk. There are a number of surface and multi-storey car parks close to the property.

DESCRIPTION
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 daylighting
• DDA compliant

Other occupiers of Shakespeare House include: CBI, Christie & Co (Business Transfer Agents), Argon Properties Limited (Commercial Property Development Company), Protocol Education Limited (Education Recruitment Agents) and CK21 (Civil Engineers) and Charles Taylor Insurance Services.

ACCOMMODATION
This suite is situated on the third floor of the building, with views to the south and east on to Pilgrim Street and High Bridge. The entrance to the suite is via a corridor from the lift landing area. The suite offers a single open plan area, which could be sub-divided if required. This suite, which has just been recarpeted and redecorated, extends to a total floor area of 61.41 sq m (661 sq ft)

TERMS
The accommodation 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.

TENANT’S BREAK CLAUSE
The tenant will be able to break at the end of the second year of the term and annually thereafter upon at least six months’ notice.

RENT FREE INCENTIVE
The first month of the term will be rent free. A further one month rent free will be offered if the tenant doesn’t break the lease. This will only apply if a further full year is assured.

OUTGOINGS
We understand that the suite has a rateable value of £7,600.

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.

The service charge will be capped for the first 3 years of the term at the rate of £6.50 per sq ft (£4,297) plus VAT per annum.

OTHER
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,

VIEWING
Strictly by appointment through Joint Agents YoungsRPS Property Consultants or Knight Frank.

Property information from this agent

Places of interest

    Request viewing/info
    Our in-house team of commercial surveyors and planning consultants based in Newcastle are experts in their field and can provide a range of professional services. Whether you are looking to buy, sell or let your property or require property management or valuations, our chartered surveyors and valuers offer sound advice and deliver optimum results working throughout the north east including Newcastle, Gateshead, Sunderland, Durham and Northumberland.

    See more properties like this:

    *DISCLAIMER

    Property reference 100897005697. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Youngs RPS - Commercial.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.