Rent: £37,500 - £37,500
Region: Tyne and Wear
Town/City: Longbenton, Newcastle upon Tyne
LOCATION/SITUATION
The unit is located in a prominent roadside position within a busy parade of shops approximately 3 miles north of Newcastle city centre. Four Lane Ends Bus & Metro Interchange is located 200m north of the unit, with nearby occupiers including Greggs, Tesco Express / Esso Garage, Subway, Kwikfit, and various local independent operators. Northumbria University Coach Lane Campus is also close by.
ACCOMMODATION
Arranged over ground & first floors with a glazed shop front, three-phase electrics and staff facilities, the property has following approximate dimensions and floor areas:
| Net Frontage | 10m | 32’ 8” |
| Ground Floor Sales | 226 sqm | 2,432 sqft |
| First Floor Staff & Office | 61.8 sqm | 665 sqft |
There is also ample street parking directly to the front as well as loading facilities.
LEASE TERMS
A new FRI Lease is available from February 2025 on a term to be agreed at a commencing rent of £37,500pax.
BUSINESS RATES
| Rateable Value | £26,000 |
| Estimated Rates Payable- 2023* (*75% relief available) |
£4,281* |
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 D85. A copy is available on request from this office.
COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT, Insurance, and other charges where applicable.
VIEWING
For enquiries, viewing, and general information please contact @retail.
Pete Townsend
E: pete@atretail.co.uk
M: 07713 151970
Property type: Retail
Rateable value: £26000
Planning use: E Class
Download property details document
