FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE...

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FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s current £52m improvement project

Transcript of FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE...

Page 1: FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s

FOR SALE/TO LETDEVELOPMENT OR CONVERSION OPPORTUNITY

WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST

Adjacent to Northumbria University’s current £52m improvement project

Page 2: FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s

WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST

CIVIC CENTRE

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MANORS METRO

HAYMARKET

LOCATIONImmediately adjoining Northumbria University’s main campus, on the south side of Ellison Place and adjoining the Newcastle central motorway to the east.

ELLISON PLACE WYNNE JONESBUILDING

NORTHUMBRIA UNIVERSITY

CAMPUS

NEW BRIDGE STREET

Page 3: FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s

WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST

THE OPPORTUNITYSanderson Weatherall are instructed to offer experienced developers/operators an opportunity to deliver a new development or refurbishment of the former Wynne Jones Building which is currently used as office and lecture rooms by Northumbria University and will be available with vacant possession in Summer 2018.

The YMCA Newcastle wish to generate an ongoing income on a long lease term to meet the organisation’s charitable objectives.

Alternatively a freehold disposal would be considered.

Page 4: FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s

WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST

SECOND FLOOR

GROUND FLOOR

FIFTH FLOOR

THIRD FLOOR

LIFT

LIFT

Garage Garage

Plant Room

SVP

PVSPVS

SVP

PVSPVS

FIRST FLOOR FOURTH FLOOR

GULLY

GULLY

T.VAERIAL

LIGHT/CAME

RA ACCESS

GULLYACCE

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PLANT ACC

ESS

AERIAL AC

CESS

NEWEDGEP

ROTECTION

ACCOMMODATIONThe approximate gross internal areas are as follows:

FLOOR AREA SQ M AREA SQ FT

Ground Floor 681 7,332

First Floor 494 5,318

Second Floor 727 7,823

Third Floor 718 7,725

Fourth Floor 300 3,231

Fifth Floor   197 2,124

TOTAL 3,117 33,553

Total Site Area 0.28 acres (0.114 ha)

On the ground floor is the Nixon Hall Lecture Theatre with ancillary reception area, toilets and offices. The upper floors are served by a passenger lift and the first to fifth floors are principally offices and lecture/study rooms, and part of which was converted from a former gym.

Page 5: FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s

WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST

SURROUNDING DEVELOPMENT

The University’s Ellison Building is currently being extended with a 4 storey extension to the existing main 6 storey building.

To the south of the subject property a new conversion of buildings to provide student accommodation known as Picton Manor is nearing completion.

Page 6: FOR SALE/TO LET - Cargo Creative · FOR SALE/TO LET DEVELOPMENT OR CONVERSION OPPORTUNITY WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST Adjacent to Northumbria University’s

WYNNE JONES BUILDING Ellison Place, Newcastle upon Tyne NE1 8ST

SERVICESThe property is connected to all mains services and is heated by a combination of air conditioning, electric radiators and gas-fired units.

TENUREFreehold.

RATING ASSESSMENTThe property is currently within the University’s main rating assessment and will need re-assessment upon separate occupation.

VAT The property is not elected for VAT.

ENERGY PERFORMANCE CERTIFICATEThe property has been assessed with an EPC rating of D(79).

LEGAL COSTSEach party to be responsible for their own legal costs.

TERMSBest and Final Proposals/Offers with full proof of finance should be made to Sanderson Weatherall by 12 noon on Friday 8th December 2017. Please note our clients do not undertake to accept the highest or any offer received, in accordance with usual informal tender procedures.

ALL ENQUIRIESRobert Patterson T: 0191 269 0105 E: [email protected]

Kevin McGorie T: 0191 269 0174 E: [email protected]

Misrepresentation Act: The SOLE agents on their behalf and for the sellers or lessors of this property whose agents they are give notice that: 1) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract. 2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and 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. 3) No person in the employment of the agents has any authority to make or give any representation or warranty whatever in relation to this property. October 2017. Ref: 6512.

Photography, Design & Production by Design 0191 284 1300