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Gateshead, 215 High Street

Rent: £45,000 - £45,000

Region: Tyne and Wear

Town/City: Gateshead


SITUATION
Gateshead is situated to the South of Newcastle upon Tyne on the River Tyne. The property is located within the town centre, occupying a prominent position on the High Street. The location benefits from excellent transport links lying adjacent to Gateshead Interchange which provides rail and bus links.  Trinity Square Shopping Centre, a mixed use scheme which provides circa 650,000 sq ft of retail and leisure accommodation.

 

ACCOMMODATION
A split-level property arranged over ground and first floors only.

Internal Width (max) 19.12m 62’9“
Shop Depth (to change of level) 10.98m 36’0”
Ground Floor 330m² 3,553ft²
First Floor Offices/Staff 177m² 1,901ft²

LEASE
The premises are held by way of a FRI lease for a term expiring 7th August 2027 at a passing rental of £45,000 per annum exclusive.

 

TERMS
Incentives are available to an ingoing occupier subject to status.

 

EPC
Further details of the Energy Performance Certificate to follow

 

BUSINESS RATES

Rateable Value £45,750
2022/2023 UBR £0.499
Estimated Rates Payable £22,829

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:
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210

Property type: Retail

Rateable value: £45,750

Planning use: E

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