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Cobalt Park, Newcastle upon Tyne NE27 0QJ OFFICES TO LET The Grade A Building in Newcastle

The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

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Page 1: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

Cobalt Park, Newcastle upon Tyne NE27 0QJ

OFFICES TO LET

The Grade A Building in Newcastle

Page 2: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

320.1 sq m (3,446 sq ft) to 3,739.9 (40,256 sq ft) Refurbished Grade A office accommodation

Cobalt Park, Newcastle upon Tyne NE27 0QJ

Page 3: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

T H E S PA C E

The property benefits from the following

specification:

• Double height reception and atrium

• Two, 8 person passenger lifts

• 3m clear floor to ceiling height

• Reconfigured and brand new Male, Female

and disabled toilets on each floor

• Newly fitted LED lighting throughout

• VRF air conditioning

• 166 dedicated car parking spaces providing

a ratio of (1:243 sq ft)

• Excellent shower facilities with dedicated

lockers

• BREEAM rating of ‘very good’

Page 4: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

Ris

er E

Stairs 3Lobby3

FE

Riser D

Stairs 2

Lobby2

FE

Male WC

Acc.wc/shwr

RiserC Cleaner

Riser B

Riser A

Female WC

Stairs 1

Lobby1

DXXXXX

DXXXXX

548.6 sq m5,905 sq ft

320.1 sq m3,446 sq ft

DEMISE sq m (sq ft)

3rd Floor 971.2 (10,454)

2nd Floor 968.7 (10,427)

1st Floor 931.3 (10,024)

Ground Floor 868.7 (9,351)

TOTAL 3,739.90 (40,256)

For indicative purposes only

MORRISONS

LEEDS BUILDINGSOCIETY

A C C O M M O D AT I O N

There is the opportunity of splitting each floor around the core producing an east and south wing of (3,446 sq ft) and (5,905 sq ft) respectively.

166 dedicated car park spaces

Ground Floor

Page 5: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

POST/STORE/COMMS

PRIVATEOFFICE 2

TEAPOINT/STAFF AREA

PRIVATEOFFICE 3

STAFFBREAKOUT

STAFFBREAKOUT

PRIVATEOFFICE 1

TEAPOINT/STAFF AREA

RECEPTION

WAITINGAREA

CONFERENCEROOM

MEETINGROOM

MEETINGROOM

STAFFBREAKOUT

STAFFBREAKOUT

OPEN PLAN OFFICEWING A - 88 DESKS

OPEN PLAN OFFICEWING B- 64 DESKS

Means of escape density based on6 sq m per desk936.3 sq m / 6 = 156 desk spaceOpen plan office x 152Private office x 5Total = 157 desk spaces

Density figure taken from BritishCouncil for Offices, Guide toSpecification 2014, pg 82

Please Note: Original building survey was undertaken by a third party, nw architects accepts no responsibility for any omissions, errors or discrepancies.

TYPICAL FLOOR PLAN

PRIVATE OFFICE 1

POST/STORE/COMMS

CONFERENCEROOM

PRIVATEOFFICE 2

TEAPOINT/STAFF AREA

RECEPTION

WAITINGAREA

PRIVATEOFFICE 3

OPEN PLAN OFFICE50 DESKS

STAFFBREAKOUT

STAFFBREAKOUT

STAFFBREAKOUT

RECEPTION

WAITINGAREA

CONFERENCEROOM

PRIVATEOFFICE 1

TEAPOINT/STAFF AREA

POST/STORE/COMMS

OPEN PLAN OFFICE30 DESKS

WING A

Workplace density based on 10 sq m per desk533.5 sq m / 10 = 53.35 desk spaceOpen plan office x 50Private office x 5Total = 55 desk spaces

Density figure taken from BritishCouncil for Offices, Guide toSpecification 2014, pg 82

WING B

Workplace density based on 10 sq m per desk304 sq m / 10 = 30.4 desk spaceOpen plan office x 30Private office x 1Total = 31 desk spaces

Density figure taken from BritishCouncil for Offices, Guide toSpecification 2014, pg 82

BUILDING ENTRANCE LOBBY

STAFFBREAKOUT

S PA C E P L A N N I N G

Page 6: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

Which includes a hotel, restaurant,

gym and spa.

Which includes

NORTHUMBERLAND PARK

OCCUP I E R S

AMEN I T I E S

1

4

7

10

13

16 17

2

5

8

11

14

18 21

3

6

9

12

15

20

22

19

1

4

2

5

914

20

13 15

17

18

21

22

10

111219

7

86

3

16

Centra l

STELLIUM DATA CENTRES

JLR

ASTON MARTIN

South Entrance

SILVERLINK RETAIL PARK

A19

North Entrance

Page 7: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

OKTO is located on Cobalt Business Park, the largest

business park in the UK. The park is situated on the junction

of the A19 and the A1058 Coast Road approximately 10

minutes east of Newcastle City Centre.

Amenities on the park include a Tesco Express, Greggs,

Eat4Less, Chisholm Bookmakers and a Busy Bees day nursery,

whilst Silverlink Retail Park provides an excellent retail and

leisure offering, including an Odeon cinema and M&S. The

Village Hotel together with spa and Gym is located at the

northern entrance to Cobalt Park.

The excellent location and amenities available at the park has

attracted major occupiers including Procter & Gamble, DXC,

Sage Plc , Siemens and Accenture.

A1058

A1058

A1300

A1018

A194(M)

A194

A690

A19

A69

A19

A1

A1

A1

A1

A1(M)

A19

A19

A184

A187A186

A184

A184

A167

A191

A193

A696

A1231

WESTBOLDON

SOUTHSHIELDS

NORTHSHIELDS

LONGBENTON

FORESTHALL

KILLINGWORTHNEWCASTLERACE COURSE

NEWCASTLEUPON TYNE

GATESHEAD

WHICKHAM

SUNNISIDE

TEAMVALLEY

TRADINGESTATE

SUNDERLAND

TYNEMOUTH

WHITLEYBAY

BOLDONCOLLIERY

HEBBURN

BIRTLEYWASHINGTON

OUSTON

LAMESLEY

WALLSEND

JARROW

GOSFORTH

WOOLSINGTON

HAZELRIGG

SEATONBURN

BACKWORTH

SHIREMOOR

COBALT PARK

JESMOND

NEWCASTLEINTERNATIONAL

AIRPORTN E 2 70 Q J

Buildings 1 and 2 - DXC Technologies

Buildings 9b and 15a - Accenture

Page 8: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

• Proposed new Cobalt Metro Station and Silverlink extention

• The nearest Metro, Northumberland Park, is only 3 mins ride on the 19 shuttle service and a pleasant 10 min walk away on a dedicated traffic free route

• Excellent connection from Northumberland Park and Percy Main Interchange

• Nearly 1000 buses servicing the area daily

• 452 direct bus journeys through the park with a further 481 bus journeys within easy walking distance

• Connections throughout Cobalt are free on any bus service within the Cobalt FreeZone

• Buses from 6am to midnight

• Exclusive ticket deals

• Cobalt is connected to the local road network via 5 separate access/egress routes - essential to ensure free movement at peak times

• Located on the A19 only 10 minutes drive from central Newcastle

• Incomparable access to the local road network and national motorways.

• Within a 5 minute drive to the A1

The Park benefits from excellent transport links, with

shuttle bus services providing frequent access to the

Tyne and Wear Metro system, the second largest

Metro system in the UK after the London Underground.

452 buses pass through the Park daily, which allows

40% of the 14,000 workforce on the park to commute

by public transport.

• Newcastle Central Station is on the East Coast Mainline and offers direct links to all major UK cities.

• Travelling from the station to Cobalt is easy via the Metro station located within Central Station.

• By taking the Metro from platform 2 to Northumberland Park Interchange you can connect to the 19 bus service direct to Cobalt Park. The total journey time is approx. 35 mins.

• Newcastle International Airport, the region’s largest airport, handling over five million passengers a year and serving 18 domestic locations, is a 15 minute drive from Cobalt

Page 9: The Grade A Building in Newcastle...452 buses pass through the Park daily, which allows 40% of the 14,000 workforce on the park to commute by public transport. • Newcastle Central

Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited and Naylors Gavin Black LLP for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that:

1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited and Naylors Gavin Black LLP nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.

November 2019

Further Information & ViewingStrictly via joint agents, BNP Paribas Real Estate and

Naylors Gavin Black.

Aidan Baker [email protected]

+44 (0) 191 227 5737

TermsThe premises are available by way of a new FRI

lease for a term to be agreed.

Quoting Rent£16.50 psf.

EPCAvailable on request.

Rateable ValueThe premises will need to be reassessed

following occupation.

VATVAT is payable where applicable.

Legal CostsEach party is responsible for their own legal costs

incurred within any transaction.

Chris Pearson [email protected]

+44 (0) 191 211 1555