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Gosforth, 59 High Street

Rent: £33,500 - £33,500

Region: Tyne and Wear

Town/City: Gosforth, Newcastle upon Tyne


SITUATION
The premises are situated in a prominent position on the extremely popular High Street in Gosforth. It benefits from good communication links to the surrounding area, being served by bus routes and Metro Stations at both Gosforth and South Gosforth. There are many National retailers located close along with a wide range of pubs and restaurants.

 

ACCOMMODATION
Arranged over ground, first and second floors only with Staff WC/Kitchen facilities. There is a small private car park at the rear of the property.

Internal Width (max) 9.32m 30’7“
Shop Depth (max) 13.18m 43’3”
Ground Floor Area 140m² 1,510ft²
First Floor Area 93m² 1,005ft²
Second Floor Area 38m2 412ft2

LEASE
The premises are held by way of a FRI lease for a term expiring 10th January 2027 at a passing rental of £33,500 per annum exclusive. The next rent review is 25th March 2024.

 

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

 

EPC
The property has an Energy Performance Certificate of C (68).  A copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value £27,250
2021/2022 UBR £0.499
Estimated Rates Payable £13,598

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: Leisure, Retail

Rateable value: £27,250

Planning use: E

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