Prominently located with frontage to the A34 the property occupies an elevated position at the junction with Parkhouse Road East and Talke Road (A34) approximately 3½ miles to the north of Newcastle town centre and within 1 mile of the A500. Junction 16 of the M6 is approximately 4 miles via the A500.
APV House is an imposing and uniquely designed three storey office premises originally constructed in the 1980's of an appearance ahead of its time. The building is steel framed and is arranged internally with a central service column in which the lift shafts, staircases and toilet facilities are located leaving the remaining areas open plan. Elevations are finished in composite panelling with extensively double glazed areas, creating a light and airy feel internally. Ceilings are suspended throughout within which an extensive number of air conditioning units and there is under-floor cabling. Externally there are a number of surfaced parking areas providing 150 spaces plus 2 disabled car parking spaces.
Suite SizeLet To:From Rent (pax)
Ground Floor, Suite 1 2,070 sq.ft. VacantTo Let£17,595
Ground Floor, Suite 3 1,290 sq.ft.VacantTo Let£10,320
Ground Floor, Suite 5 3,870 sq.ft.Vacant To Let £32,875
All mains services are connected. There is a gas fired central heating system that serves the whole building (the cost of which is recouped via the service charge). Individual suites are metered for electricity and all of the suites are air conditioned. No services have been tested by the agents.
The suites can be let on new leases at £8.50/sq.ft. plus service charge for a term of years to be agreed, subject to
rent reviews every three years. Subject to terms and status. The Service charge is currently calculated at £5.25 per
sq.ft.
OUTGOINGS
BUSINESS RATES FOR THE VACANT SUITES
Suite 1 (Ground Floor)
Rateable Value £11,750
Rates Payable: £5,769.25 pa (19/20)
Suite 3 (Ground Floor)
Rateable Value: £7,200
Rates Payable: £3,535.20 pa (19/20)
Suite 5 (Ground Floor)
Rateable Value: £28,750
Rates Payable: £14,116.25 pa (19/20)
VAT is applicable at the prevailling rate.
SERVICE CHARGE
The Service charge is calculated at around £5.25/sq.ft.