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Gateshead, 566 Durham Road

Rent: £14,000 - £14,000

Region: Tyne and Wear

Town/City: Gateshead


LOCATION / SITUATION
Gateshead is located to the South of Newcastle upon Tyne with the unit is situated on the mid point of Durham Road, the principle A road running through Gateshead and linking Newcastle and Gateshead directly with the A1M, and with an average daily traffic flow of over 20,000 vehicles.
The unit is surrounded by a mixture of local businesses, and is ~100m from the main retail core where Coop Food, Savers, Costa, Greggs are present.

 

ACCOMMODATION
A split-level property arranged over ground and basement floors only:

Ground Floor 83 m² 893 ft²
Ground WC 4 m² 43 ft²
Basement Garage/Store 58 m² 600 ft²

LEASE
The premises are available on a new effectively Full Repairing and Insuring basis at a rent of £14,000 per annum exclusive.

 

EPC
Further details of the Energy Performance Certificate to follow.

 

BUSINESS RATES

Rateable Value £11,750
2023/2024 UBR £0.499
Estimated Rates Payable *£0,000

*Full Business Rates Relief available for small businesses. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Service Charge
There is an ad-hoc service charge for maintenance of common areas and provision of common items. Further details available 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:
Pete Townsend
E: pete@atretail.co.uk
M: 07713 151 970

Property type: Retail

Rateable value: £11,750

Planning use: E

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