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Hughes Commercial

Hughes Commercial

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Key Information

Rent £17,500 / year + fees
Includes Rates No
Lease 60 to 120 months
Style Office
Status To let

Location

This agent has listed the accuracy as: Exactly Right

Additional Information

LOCATION
Cathedral Quarter has seen unprecedented investment in recent years to establish itself as the cultural heartbeat of the city, with its eclectic mix of restaurants, hotels, arts venues and an increasing numbers of companies in digital media/creative industries.
The new Ulster University campus will see student numbers rising from 2500 to 12,500 by 2018 and as such Cathedral Quarter will consolidate it’s growing reputation as a focal point and leading destination for cultural enterprise and learning.
DESCRIPTION
The Potthouse is prominently situated at the junction of Waring Street and Hill Street which is regarded as 100% prime, within the context of Cathedral Quarter.
The building was named after the original pottery which was established by local merchant Robert Leathes around 1690.
The Potthouse is a contemporary purpose built mixed used development incorporating licensed premises on the lower floors with quality fully fit- ted offices above. Internal finishes include
• Lift access
• Carpets
• Airhandling
• Perimetertrunking
• Suspendedceilingswithrecessedlighting
• Kitchen
LEASE DETAILS
Term                                 5 years
Rent                                  £17,500pa plus vat
Repairs                             Internal repairing
Service Charge
The landlord shall recover a fair proportion of the costs relating to the repair, maintenance of the exterior of the building and the upkeep of common areas.
Buildings Insurance
The landlord shall recover a fair proportion of the total buildings insurance premium.
NAV £10,300
Rates payable for 2015/2016 is £5901.90
The Small Business Rate Relief Scheme has been extended to April 2016 and offers 20% reduction in rates where NAV’s exceed £5000 but do not exceed £15,000.
EPC
Awaiting certificate

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