JK Property Consultants LLP has been instructed by First Step North East, a registered charity, to bring to market its headquarters, located Westgate Road in Newcastle upon Tyne.
First Step North East, dedicated to promoting equality, inclusivity and personal growth for women and young people in the region, is exploring options to either lease back part of the terraced property, valued at £220,000, subject to a decision on VAT election, or relocate to a new facility.
JK Property Consultants LLP provides expert property consultancy services, specialising in residential and commercial real estate and delivers tailored solutions and personalised services to clients across the UK.
First Step North East, formed in 1991, offers informal and accredited learning and volunteering opportunities for women and young people across Newcastle and Gateshead. It champions equality of opportunity through accessible programs, including an onsite creche, language and mentoring support and full disabled access.
The property, situated at the edge of the city centre business district, offers convenient access to local amenities, including shops, cafes and sports facilities. It is also well-connected by transport, with Newcastle City centre and Central Station just a short drive away. The A1(M) motorway is approximately an 11-minute drive.
Key features of the property include toilet facilities on both the ground and first floors, with an accessible toilet on the ground floor, a fitted kitchen on the second floor and a disability access via the front elevation, including a platform hoist, disabled access area with a call system and two car parking spaces in the yard, accessible from the rear lane.
The building is currently subject to a rateable value of £14,500 with a small business rate liability of £7,235.50 per year.
First Step North East is open to selling the freehold interest with vacant possession or will consider a leaseback arrangement for the ground floor, which would continue to serve as an Adult Learning and Community Centre. There is a 10-year lease, subject to the Landlord and Tenant Act 1954, an annual rent of £8,000, excluding costs, with a review at the end of five years and an internal repairing lease, with the tenant responsible for paying a proportion of the building’s insurance premium.
Kevan Carrick, co-founder, JK Property Consultants, said: “We are committed to providing First Step North East with the best possible solutions during this important transition.
“The property is ideally positioned with easy access into and out of the city centre and the local amenities are plentiful. The interior provides adequate space and is fully functional for any business or charity seeking a base that is in a prime location. Having been well maintained by its current occupants, it is ready to move straight into.
“First Step North East’s work in promoting equality and diversity within the community is commendable and we are dedicated to helping them secure a future that best supports its ongoing mission.”
For more information about the property, please contact:
Kevan Carrick M 07957 811824, E: kevan@jkpropertyconsultants.com;
Jennifer Welch M: 07808 138 255 E: jennifer@jkpropertyconsultants.com
