Key Details:
- Refurbished Business Unit
- Glass Frontage
- Toilet and Kitchenette
- Flexible Terms
- Solutions Agreement
Tenancy Agreement:
This is a three year tenancy agreement, where both the Landlord and tenant are able to serve six months notice to end the tenancy and where there is no automatic right to renew it on expiry. (This means that it is contracted-out of the security of tenure provisions of Sections 24-28 of the Landlord & Tenant Act 1954 Part ll).
User Planning:
The premises are considered suitable for a variety of business uses including office, studio, workshop and storage space. It will be the Tenants responsibility to obtain from the local planning authority any planning approvals that may be required for their intended use.
Property Maintenance:
The tenant will be responsible for all repairs and maintenance to the property. This does not include the viaduct structure.
Costs:
Each party to bear their own costs
Location Description:
Arch 20 Forth Banks can be found off Forth Street in a row of similar business units just past Jamies Tiles and behind to Safestore in Newcastle upon Tyne. It is very close to the Centre for Life and Newcastle Central Railway Station.
Property Insurance:
The tenant is to pay the sum of £322.80 per annum in respect of a contribution to insurance.
Business Rates:
Payable by the tenant, please contact the local authority for details.
Service Charge:
There is no Service Charge payable at the moment but this may change in the future.
Contact:
William Young
ceeastern@networkrail.co.uk00000000000