Rent: £17,500 - £17,500
Region: Tyne and Wear
Town/City: Gosforth, Newcastle upon Tyne
The premises are located within Gosforth, an affluent suburb of Newcastle upon Tyne located 2 miles north of Newcastle city center and accessed via the Great North Road linking the suburb to the A1 north and south. The unit fronts onto Salters Road and lies a short distance to the west of Gosforth High Street, which has a strong mix of retail, cafe and restaurant uses with good transport links and car parking. Immediately adjoining the unit is a SPAR convenience store within which the local post office is based for the area.
The accommodation is arranged on ground floor level, offering the following approximate floor area and dimensions following extensive landlord works: –
|Net Frontage||4.7 m||15’ 5”|
|Internal Width||6.5 m||21’ 4”|
|Ground Floor Sales||122.4 sq m||1318 sq ft|
The premises are available by way of a new Full Repairing and Insuring lease for a term to be agreed, at an initial rental of £17,500 pa excl.
The landlord is prepared to assist towards the fit out costs as part of a package of incentives subject to agreement on the lease term. Further details are available on request.
ENERGY PERFORMANCE CERTIFICATE
The property has an energy performance asset rating of B 41. A full copy of the certificate is available upon request from this office.
The premises are assessed as follows:
|Estimate Rates Payable April 2019/20||£4,517|
Full rates relief may be available given when the Rateable Value is less than £12,000. Interested parties are advised to seek verification from the local authority.
Each party will bear their respective legal costs incurred in connection with the transaction.
All figures quoted in these terms are exclusive of VAT where chargeable.
By prior appointment through @retail:-
DD: 0191 280 4239
Mob: 07713 151 970
Property type: Retail
Rateable value: £9,200
Planning use: A1, A2 & A3
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