Office to rent in 3 Riverside Studios, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YL

Description

The property comprises a mid-terrace, two-storey office of steel frame construction under a pitched and tile covered roof. The front and rear elevations comprise part brickwork with extensive glazing to upper sections. The unit benefits from three designated car parking spaces with additional on street parking available.

The unit provide modern office accommodation accessed by a canopy covered entrance. Internally the unit is fully plastered and painted with carpet floor covering and a suspended ceilings incorporating LED lighting. There is a modern kitchen installed at ground floor, along with male and female WC's. The first floor office space is generally open-plan and benefits from feature roof trusses and wall mounted lights.

The property is fully self-contained and offer office accommodation with the following specification;

Suspended ceilings with LED lighting
Gas fired central heating system
Kitchenette facilities
Intercom entry system
Male and female WC’s
Fully alarmed

3 designated car parking spaces.

Lease Terms

Tenure

Leasehold.

The unit is available to let for a term of years to be agreed on full repairing and insuring terms.

Price

£15,000 per annum, exclusive of business rates, service charge and all other outgoings.

Rates

The unit is assessed for business rates as follows:

Unit 3 – GND FLR
Rateable Value (2026 List): £6,700
Rates Payable 2026/27: £0

Unit 3 – 1ST FLR
Rateable Value (2026 List): £5,900
Rates Payable 2026/27: £0

The Rates Payable has been calculated on the basis that the ingoing tenant will be entitled to Small Business Rates Relief. We advise interested parties to contact the Local Billing Authority for verification of this entitlement.

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

All prices quoted are excluding, but may be liable to VAT.

Additional Info

Accommodation

The property has been measured in accordance with the RICS Code of Measuring practice (6th Edition) and the approximate Gross Internal Area is as follows:

Unit 3
Ground - 500 sq ft
First Floor - 540 sq ft

Total Area - 1,040 sq ft

Energy Performance

Unit 3
An Energy Performance Certificate (EPC) has been prepared and the Energy Performance Asset Rating is: D/82

£1,250 pcm

3 Riverside Studios, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YL

Key Features