Office to rent

Rooms

LOCATION
Wark is a village located in Northumberland, positioned approximately 10 miles west of the market town of Hexham. It lies along the B6320 road, which connects it to the nearby towns of Bellingham and the A69 Trans-Pennine route which links Newcastle upon Tyne and Carlisle. Whilst the property is in a rural location, the town of Hexham and wider area is easily accessible. There is a main line railway station in nearby Hexham.

DESCRIPTION
The subject property comprises a two-storey office building which has been built to a high standard whilst also being in keeping with its natural surroundings. The property benefits from solar panels to the roof, triple glazed windows, and oil-fired underfloor heating. To the ground floor are two offices, kitchen and WC facilities. To the first floor the accommodation is more open plan, with one smaller meeting room as well as a shower room/WC.

ACCOMMODATION
We have measured the property as providing the following net internal areas:

Ground floor:
95.02 sq m (1,022 sq ft) (including kitchen)

First floor:
110.69 sq m (1,191 sq ft)

TOTAL:
205.71 sq m (2,213 sq ft) The building is available as a whole or in parts. If the building were to be split, the available floor areas could be as follows:

Ground floor office 1:
538 sq ft

Ground floor office 2:
287 sq ft

Upper floor office:
1,191 sq ft

LEASE TERMS
The offices are available to let either as a whole or in part at a rent based on £8 per sq ft per annum on flexible terms to be agreed.

SERVICE CHARGE
A service charge will operate to enable the landlord to recover a fair proportion of the cost of providing electricity to the property, as well as external repairs and building insurance.

BUSINESS RATES
The whole of the property is currently assessed for business rates as follows:

Description:
Offices & premises

Rateable Value:
£13,750 We understand that the landlord has an appeal ongoing will the aim of reducing the business rates. Partial small business rates relief may be available. If the property is to be let in parts, each office will need to be separately assessment for business rates. If so, occupiers of the property may benefit from small business rates relief if it is their only property, and may therefore not be liable for payment of business rates. Interested parties should contact the Local Authority to confirm the amount of business rates payable.

VAT
The property is not registered for VAT and therefore VAT is not payable on the rent.

LEGAL COSTS
Each party is to bear their own legal costs.