Property photos
Guide price
£350,000
(£26.12/sq. ft)
Office for sale
Thornton Street, Newcastle Upon Tyne NE113,402 sq. ft
Local area information
Property location
Nearby amenities
- Our Lady and St Anne's RC Primary School 0.2 miles
- Newcastle 0.2 miles
- St Paul's CofE Primary School 0.3 miles
- Manors 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Excellent Investment Opportunity
- Ground Floor & Basement Only
- Size 1,245m, 13,402ft
- 0.4 miles from St. James Park
- 0.2 Miles from Central Station
- 0.4 mile from Redheugh Bridge
Summary
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction Charlton's Bonds. Charlton's Bonds is a historical building which dates back to 1885 and was originally a bonded warehouse. The subject property is arranged over ground floor and basement, with access at the front, side and rear of the building. The interior is partially renovated offering a unique opportunity for a buyer looking to fit out as office accommodation or potentially retail, restaurant or leisure (subject to planning permission).
Please note we have not inspected this property.
Location
The subject property is located on Waterloo Street in Newcastle upon Tyne. The property is situated in a popular mixed-use location in the city centre and is conveniently located just off Westgate Road (A186). There is a mix of businesses, apartments and hotels within the vicinity. The property benefits from being just 0.1 mile from local bus routes on Westgate Road, 0.2 miles from Newcastle's Central Train and Metro Station and 0.4 miles from St. James Metro Station. Local attractions and amenities include St. James Park (0.4 miles), Chinatown (0.2 miles), Monument (0.5 miles) and Eldon Square (0.3 miles). The property is also within close proximity of local bars and restaurants.
Accommodation
We calculate the approximate net internal floor area to be as follows:
Basement: 687.65m, 7,402ft
Ground Floor: 557.41m, 6,000ft
Total: C1,245m, c13,402ft
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Planning
(Change of use of basement from storage to office accommodation (Class B1) and alterations to elevations as amended by plans received on 1/11/18)
(Conversion of dance studio, training centre and lighting centre to provide office accommodation (Class B1) at ground floor level and storage at basement level.
Tenure
Leasehold. Title number TY566012.
Date : 26 February 2019
Term : 999 years beginning on and including 26 February 2019
Rateable Value
Any interested buyer should check the current position with the Local Authority.
EPC
Available upon request (rating E).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction Charlton's Bonds. Charlton's Bonds is a historical building which dates back to 1885 and was originally a bonded warehouse. The subject property is arranged over ground floor and basement, with access at the front, side and rear of the building. The interior is partially renovated offering a unique opportunity for a buyer looking to fit out as office accommodation or potentially retail, restaurant or leisure (subject to planning permission).
Please note we have not inspected this property.
Location
The subject property is located on Waterloo Street in Newcastle upon Tyne. The property is situated in a popular mixed-use location in the city centre and is conveniently located just off Westgate Road (A186). There is a mix of businesses, apartments and hotels within the vicinity. The property benefits from being just 0.1 mile from local bus routes on Westgate Road, 0.2 miles from Newcastle's Central Train and Metro Station and 0.4 miles from St. James Metro Station. Local attractions and amenities include St. James Park (0.4 miles), Chinatown (0.2 miles), Monument (0.5 miles) and Eldon Square (0.3 miles). The property is also within close proximity of local bars and restaurants.
Accommodation
We calculate the approximate net internal floor area to be as follows:
Basement: 687.65m, 7,402ft
Ground Floor: 557.41m, 6,000ft
Total: C1,245m, c13,402ft
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Planning
(Change of use of basement from storage to office accommodation (Class B1) and alterations to elevations as amended by plans received on 1/11/18)
(Conversion of dance studio, training centre and lighting centre to provide office accommodation (Class B1) at ground floor level and storage at basement level.
Tenure
Leasehold. Title number TY566012.
Date : 26 February 2019
Term : 999 years beginning on and including 26 February 2019
Rateable Value
Any interested buyer should check the current position with the Local Authority.
EPC
Available upon request (rating E).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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