APV House Speedwell Road, Parkhouse

Industrial Estate East, ST5 7RG

FOR SALE: £POA

TO LET: From £8.50 per sq.ft.

• Very prominent location with imposing view overlooking the A34

• Freehold landmark three storey office premises with 150 car parking

spaces

• Close proximity to major transport links M6 Is approximately located 3

miles away, with easy access to the A50 & A500

• Available on a monthly license inclusive of rates & utilities or serviced

lease (terms by negotiation)

• Varying sized offices available

These particulars are issued on the understanding that all negotiations are conducted through Rory Mack Associates.

The property is offered subject to contract and it still being available at the time of enquiry and no responsibility can be

accepted for any loss or expenses incurred in viewing. Rory Mack Associates for themselves and for the vendors or

lessors of this property whose agents they are, give notice that (A) The particulars are set out as a general outline only

for the guidance or intended purchasers or lessees and do not constitute, nor constitute part. of an offer or contract: (B)

All descriptions, dimensions, references to condition and necessary permissions for use and occupation. and other

details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on

them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the

correctness of each of them: (C) No person in the employment of Rory Mack Associates has any authority to make or

give any representation or warranty whatever in relation to this property: (D) All prices and rentals quoted are exclusive

of VAT (If applicable): (E) Rory Mack Associates will not be liable, in negligence or otherwise, for any loss arising from

the use of these particulars

General Description

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.

Location

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.

Accommodation/Tenancy Schedule

Suite Size Let To: From Rent (pax)

Ground Floor, Suite 1 2,070 sq.ft. Vacant To Let £17,595

Ground Floor, Suite 2 1,937 sq.ft. True Connectivity Ltd 27/10/2014 £29,400

Ground Floor, Suite 3 1,290 sq.ft. Vacant To Let £10,320

Ground Floor, Suite 4 1,100 sq.ft. Vacant To Let £9,350

Ground Floor, Suite 5 3,870 sq.ft. Blatchfords 30/03/2015 £28,800

First Floor, Suite 6 3,875 sq.ft. Fedex 27/07/2006 £32,820

First Floor, Suite 7 1,200 sq.ft. RCB Solutions 21/07/2017 £11,550

First Floor, Suite 8 2,855 sq.ft. Park Foster Care 09/05/2016 £18,200

2nd Floor, Suite 9 6,000 sq.ft. RELEX Solutions UK Ltd 29/04/2017 £42,000

2nd Floor, Suite 10 2,781 sq.ft. Fedex 09/09/2018 £22,248

First Floor, Suite 11 950 sq.ft. Park Forest Care 01/03/2018 £7,000

(Different sized offices available on request)

Total Gross Annual Income: £202,338

Total Gross Annual potential income: £229,238

VAT

VAT is applicable at the prevailing rate

EPC

There are currently 6 EPC’s relating to the whole property, details of which can be made available on request.

Services

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.

Tenure

The suites can be let on new leases from £8.50/sq.ft. Subject to terms and status. The Service charge is currently calculated at around £3.50

per sq.ft.

C0694/200618

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