Newcastle upon Tyne, 111 – 115 Grainger Street

Rent: £60,000 - £60,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne

LOCATION/SITUATION
The property is situated in a busy location on Grainger Street, one of the main City Centre thoroughfares between Newcastle Central Station and Grey’s Monument with Northumberland Street and the Eldon Square Shopping Centre close by as shown on the attached Goad plan.

 

ACCOMMODATION
Arranged over ground floor and basement with the following approximate dimensions and floor areas (see indicative layout plan below):

Gross Frontage	11.6 m	38’00”
Internal Width	11.13 m	36’6”
Ground Floor Sales	99.1 sqm	1,067 sqft
Basement	55.2 sqm	594 sqft

LEASE TERMS
A new effective Full Repairing & Insuring lease for a term to be agreed and subject to 5 yearly rent reviews is available at a rent of £60,000 per annum exclusive.

 

EPC
An Energy Performance Certificate is available upon request.

 

BUSINESS RATES

The premises are undergoing reconfiguration and as such the Rateable Value will be re-assessed on completion of the building works.

 

SERVICE CHARGE
A Service Charge will be payable as a contribution towards the cost of repairs and maintenance of the building. An estimate of the cost can be provided upon request

 

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 @retail
Ian Angus
E: iana@atretail.co.uk
M: 07960 466211

or alternatively our joint agent:
Robin Hanson of BHT on 07711 718105