Rent: £15,000 - £15,000
Region: Tyne and Wear
Town/City: Heaton, Newcastle upon Tyne
LOCATION/SITUATION
The property is located on Chillingham Road, Heaton; a popular suburb of Newcastle upon Tyne located 3 miles from the City Centre and with a population of. ~18,000.
Chillingham Road acts as the local high street for the area, which houses a large student/young professional population. The property is located along the prime stretch of Chillingham Road, with nearby occupiers including Sainsbury’s, Greggs, Subway, Neighbourhood, Flint Pizza, and a host of other occupiers.
ACCOMMODATION
Arranged over ground and first floor, with the following approximate dimensions and floor areas:
Internal Width | 4.58 m | 15’ |
Ground Floor Area | 36.42 M2 | 392 ft2 |
FF Store/Office | 25.28 M2 | 272 ft2 |
FF Staff Kitchen | 3.36 M2 | 36 ft2 |
FF WC | 1.34 M2 | 12 ft2 |
LEASE TERMS
A new effective Full Repairing & Insuring lease for a term to be agreed is available at a rent of £15,000 per annum exclusive.
BUSINESS RATES
Rateable Value | £8,400 |
2023/2024 UBR | £0.499 |
Estimated Rates Payable | £0000* |
*Full Rates Relief Potentially Available
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
EPC
The property has an Energy Performance rating of E116
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
Pete Townsend
E: pete@atretail.co.uk
M: 0713151970
Property type: Retail
Rateable value: £8,400
Planning use: E
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