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Lot 8 - Suite 7 Bulman House, Henry Street, Gosforth, Newcastle upon Tyne, NE3 3LS

Guide Price* £100,000 +

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Property Type
Office
Tenure
Leasehold
Type
Commercial

Property Summary

  • Long leasehold third floor self-contained office.
  • Excellent location
  • Total NIA 205.29 sq.m (2,209 sq.ft).
  • Designated Car Parking Spaces for 6 cars
  • Close proximity to Gosforth High Street
  • Full Vacant Possession

Long leasehold third floor self-contained office of approximately 205.29 sq.m (2,209 sq.ft)– Full vacant possession.

Description

Bulman House is a purpose-built office block arranged over ground, first, second and third floors. The building is arranged as two wings either side of a central stairway and amenity block which houses WC’s and a passenger lift along with communal shower facilities on the ground floor. Suite 7 is located on the 3rd floor and provides predominantly open plan accommodation with several meeting rooms to the rear. The property benefits from suspended ceilings with florescent tube lighting, perimeter trunking, electric wall mounted radiators, own kitchen facilities and 6 designated car parking spaces.

Location

Gosforth is an affluent suburb within Newcastle upon Tyne which is in a sought-after commuter location for local businesses with Regent Centre Metro Station approximately 100m away. Bulman House is situated off the Great North Road (B1318) which is accessed via Henry Street and benefits from local amenities for staff including Asda, M&S Food Hall, Costa Coffee, Gym Group, Café Nero and Sainsburys all within walking distance.

Accommodation

(Approximate dimensions)

Unit Floor Size (Sq.m) Size (Sq.ft)
Suite 7 Third floor 205.29 2,209
Outside: Designated car parking spaces for 6 cars

Lease Details

Held on a lease for a term of 999 years from 1/6/1969 at a fixed ground rent of £40 per annum.

Planning

Local Authority –Newcastle City Council Tel: 0191 278 7878 – www.newcastle.gov.uk

VAT

Please refer to the legal documents.

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £1,500 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £1,500 (inc. VAT).

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Documents

Property Map

Office Contact

Dominic Smith
07999023451
SW Property Auctions,
4th floor,
87-88 Bartholomew Close,
London,
EC1A 7BL

Joint Agent

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Sanderson Weatherall
James Fletcher
07894411871

Vendors Solicitor

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Bannister Bates Property Lawyers
Louise Bates
01524 416 300