Jarrow, 3 Grange Road

Rent: £7,950 - £7,950

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 with WC facilities at the rear.

Ground Floor Sales	25m²	265ft²
First Floor Stores	23m2	250ft2

LEASE TERMS
A new Effective Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £7,950 per annum exclusive.

 

EPC
An Energy Performance Asset Rating is Band C (57). A full copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value	£7,950
2020/2021 UBR	£0.499
Estimated Rates Payable	£3,967

Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. 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