Rent: £44,950 - £44,950
Region: Tyne and Wear
Town/City: Gosforth, Newcastle upon Tyne
SITUATION
Newcastle Great Park is the largest housing development in the North East of England, creating a new sustainable and vibrant neighbourhood, 3 miles north-west of Newcastle city centre. When completed the development will consist of 4,500 new homes, over the 1,200 acre site.
The town centre acts as the community hub for the growing residential and working population at Newcastle Great Park. The town centre provides 26,500 sq ft of retail and leisure accommodation across 4 blocks with residential above based around an attractive town square with pedestrianised open space.
As you can see from the attached map the number of vacant units throughout the site is limited and we have continued interest from several sectors in the scheme.
ACCOMMODATION
The ground floor unit sits prominently on the town square and will be handed over as a shell with unmetered mains supplies: –
Ground Floor | 167m2 | 1,798ft2 |
Floor plans are available upon request.
LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £44,950 per annum exclusive of service charge, building insurance and other occupational costs.
EPC
The property has an Energy Performance Certificate of Band C (62). A copy of the EPC is available upon request.
BUSINESS RATES
The Rateable Value of the premises will need to be assessed once the accommodation has been fitted out. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
VIEWING
For enquiries, viewing and general information, please contact:
Ian Angus
E: iana@atretail.co.uk
M: 07960 466211
Property type: Leisure
Rateable value: £TBC
Planning use: E(a)(b)
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