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Jarrow, 25 – 27 Viking Precinct

Rent: £39,750 - £39,750

Region: Tyne and Wear

Town/City: Jarrow


SITUATION
The unit is located within the Viking Shopping Centre, which effectively forms the town centre of Jarrow, which is anchored by a Morrison’s Superstore. Jarrow is located approximately 8 miles east of Newcastle upon Tyne and is the second largest town within South Tyneside.

 

ACCOMMODATION
Arranged over ground and first floor only with kitchen/WC facilities at the rear.

Gross Frontage 11.00m 36’0”
Return Frontage 8.95m 29’3”
Internal Width 10.95m 35’10”
Shop Depth 15.10m 49’6”
Ground Floor Sales 155m² 1,665ft²
First Floor Stores 143m2 1,543ft2

LEASE TERMS
A new Effective Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £39,750 per annum exclusive.

 

EPC
An Energy Performance Asset Rating is Band D (97). A full copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value £40,750
2020/2021 UBR £0.499
Estimated Rates Payable £20,335

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

 

SERVICE CHARGE
A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. 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 us or our joint agents, Sanderson Weatherall:
Jonathan Chapman
E: jonathan@atretail.co.uk
T: 0191 280 4237
M: 07949 938210

Property type: Retail

Rateable value: £40750

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