Last Updated: 20th Jan 2021
Location
Holborn Court is located in Newcastle-under-Lyme town centre just off the A34 ring road which provides access to the A52, A53 and London Road. The A500 and the M6 Motorway are also within close proximity.
The property is accessed from Frog Hall, off Bridge Street a few minutes' walk from the shopping area.
Description
Holborn Court is a managed, multi-let office building arranged over three floors providing six suites of office accommodation all with private parking.
The office suite is situated on the ground floor and accessed via a communal stairwell from the car park.
The accommodation is arranged as two open plan office rooms including a kitchenette and toilet.
The accommodation is presented to a modern standard having:
UPVC double glazing
Electric heating
Suspended ceiling
Plastered walls
Modular T8 lighting
Perimeter trunking
Cat 5 cabling
Carpeted floors
Secure entry
Three private parking spaces are available on the barrier controlled car park. More spaces are available by negotiation.
Accommodation
Measured to IPMS3
Office
63.14 sq m
679 sq. ft
Office with kitchenette
47.87 sq. m
515 sq. ft
WC
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-
Total
111.01 sq. m 1,194 sq. ft
Services
All mains utilities services with the exception of gas are connected to the property.
Utilities services are sub-metered from the main supply and recharged by the landlord.
Planning
The permitted use of the property is understood to fall within Use Class B1 (Business) of the Town and Country Planning (Uses Classes) Order 1987.
Rating
The property is classified as offices and premises and is currently under two assessments with a combined 2017 Rateable Value of £6,825.
As such the property needs to be reassessed by the Valuation Office Agency.
Upon reassessment, subject to individual circumstances the property may qualify for 100% small business rates relief. Interested parties should direct their inquiries to Newcastle Borough Council Business Rates Team: Tel: 7.
Tenure
The property is available by way of a 3-year internal repairing and insuring lease at a stepped rent of £4,000 pax (year 1), £5,000 pax (year 2) and £6,000 pax (year 3).
EPC
Energy Performance Asset Rating D- 82
Rent
Year 1: £4,000 per annum exclusive
Year 2: £5,000 per annum exclusive
Year 3: £6,000 per annum exclusive
Service Charge
The 2021 service charge budget is £3,081.34 (inclusive of building insurance).
VAT
VAT is applicable.
Credit Check
Prospective tenants will be subject to third-party credit checks for which a non-refundable fee (from £85+VAT) is payable to Hammond Chartered Surveyors in advance.
Legal Costs
Each party is to be responsible for their own legal costs.
Viewings
Viewing is strictly by appointment with the Sole Agent:
Glenn Hammond MRICS
T:
M:
E:
Euan McKenzie
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Subject to Contract