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COBALT 8, COBALT BUSINESS PARK, NEWCASTLE UPON TYNE, NE27 0QJ
To be refurbished high quality office accommodation to let
320.1 sq m (3,446 sq ft) to 3,739.9 (40,256 sq ft)
Cobalt 1 & 2 Newcastle Building Society Accenture
Location/ConnectivityCobalt 8 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.
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. 458
buses pass through the Park daily, which
allows 40% of the 14,000 workforce on the
park to commute by public transport.
Amenities on the park include a Tesco express,
Greggs, Quiznos, Chisholm Bookmakers
and a Busy Bees day nursery, whilst Siverlink
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, Siemens
and Accenture.
Cobalt 8 will be fully refurbished to an excellent standard and is set at the heart of Cobalt Business Park. The property will provide highly specified Grade A office accommodation arranged around a centrally located core, allowing the flexibility to split each floor into two wings.
The property will benefit 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’
AccommodationDescription
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)
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.
For indicative purposes only
For indicative purposes only
Space Planning
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
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited and 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 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.
December 2018
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.
Further Information & ViewingStrictly via joint agents, BNP Paribas Real Estate and Gavin Black & Partners
Aidan Baker [email protected]
+44 (0) 191 227 5737
Stacey Pascoe [email protected]
+44 (0) 191 227 5714
Chris [email protected]
+44 (0) 191 230 2777
www.cobaltpark.co.uk
Cobalt 8
A19COUNTRY PARK
DC1DC3
DC2
