Rent: £20,000 - £20,000
Region: Tyne and Wear
The unit is situated at Upper Floor level on Russell Way directly opposite Primark and close to H&M Kids, Platinum Mall and a number of local independents including Beckleberrys, Hollywood Nails and Be More Geek.
Arranged over ground floor only:
|Internal Width||17‘ 3 “||5.2M|
|Ground Floor Area||216ft²||20M²|
The premises are occupied by way of a 10 year effective FRI lease from 29th September 2017 subject to a rent review after 5 years at a current rent of £20,000pa excl. A sub-lease for a term to be agreed is available if preferable.
An annual service charge is payable estimated at £2,142 in 2020.
|Estimated Rates Payable||£7,473|
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
A copy of the EPC is available upon request.
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.
To arrange a viewing please contact:
Property type: Retail
Rateable value: £15250
Planning use: A1
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