4 Cherry Orchard, Newcastle, ST5 2UB

Summary

A modern end of terrace two storey office building of brick elevations supporting a pitched roof. The building is located a short walk from Newcastle-under-Lyme town centre and is adjacent to a public pay-and-display
car park. The premises briefly comprises an open plan reception with a number of small meetings rooms, a staff kitchen and toilet on the ground floor. On the first floor is another open plan office plus managers office. The property benefits from suspended ceilings, UPVC double glazed windows, electric wall mounted heaters and carpeted floors. Externally there are 4 parking spaces but due to being the end unit, 2 additional cars could be parked in tandem.

Key Points

Services

Mains electric, water and drainage are connected. The property is heated by electric wall mounted heaters. No services have been tested by the agents.

Tenure

Available by way of a new full repairing and insuring lease for a term of years to be agreed, subject to rent reviews every three years and with each party bearing their own legal fees. Alternatively, on a freehold basis subject to contract and with vacant possession upon completion.

Business Rates

There are two assessments associated with the property:
4 Cherry Orchard
Rateable Value: £8,200
Rates Payable: £4,091.80 pa (24/25)
Parking spaces at 4 Cherry Orchard
Rateable Value: £1,100
Rates Payable: £548.90 pa (24/25)
Note: If you qualify for Small Business Rates Relief you should be eligible for a 100% rates payable exemption.

VAT

The sale price/rent is not subject to VAT.

Anti Money Laundering Regulations

In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.

Location