Cauldon Locks is a former ceramic production premises originally constructed in 1953 and now the subject of a recent redevelopment project, to create a range of ground floor and upper floor part-serviced office suites. The entire building has recently been refurbished to an excellent standard throughout and now offers light and airy office accommodation in a range of different sized suites. The accommodation benefits from suspended ceilings with recessed lights, dado trunking and is carpeted. The suites are accessed via a central reception area which leads to the stairs and will appeal to a wide range of large and small businesses. Suite 1a is available for occupation from January 2023.
Location
The building is very prominently located at the junction with Shelton New Road (B5045) and Etruscan Street and is on a main bus route. Newcastle Town Centre is approx. 1 mile to the west and Hanley City Centre is approximately. 1 mile to the east. Direct access to the A500 (south bound) is within 500 yards with north bound access approximately half a mile.
Accommodation
The suite includes two meeting rooms, server room and kitchen. It also benefits from electric wall mounted heaters.
Main office: 2,109 sq. ft.
Break room: 412 sq.ft.
Meeting room: 412 sq.ft.
Server room: 135 sq.ft.
Office: 243 sq.ft.
Internal Hallways: 354 sq.ft.
Total GIA: 3,665 sq.ft.
Terms
TENURE - Available by way of a new Internal Repairing and Insuring lease for a term of years to be agreed and with rent reviews every three years and with each party bearing their own legal costs associated with the lease.
RENT - £37,000 pax *REDUCED*
SERVICES - Power points are located at several points throughout. Please note that no services have been tested by the agents. Included within the rent are the following services:
- Water
- Parking
- Building, communal areas and grounds maintenance
- Cleaning of communal areas
Tenants will be responsible for their own business rates and electricity usage, which is individually metered and any comms systems required, provided by the landlord with an individual itemised billing system. The broadband speed is 1000 Mbps.
VAT - The rent will be subject to VAT.
BUSINESS RATES:
Rateable Value: £20,500 (Effective 1st April 2023)
Rates payable: £10,229.5 (23/24)
Specification
- Superbly presented modern office space in a new business centre
- Conveniently located close to Newcastle and Hanley
- On main bus route and providing plenty of onsite parking
- GIA: 3,665 sq ft
- Very competitive rent