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Jesmond, 18 Acorn Road

Rent: £27,500 - £27,500

Region: Tyne and Wear

Town/City: Jesmond, Newcastle upon Tyne


SITUATION
Acorn Road is the principal neighbourhood shopping street within Jesmond, an affluent suburb of Newcastle.  Its vibrancy makes it popular with residents and students alike. The premises are centrally located at a prominent corner location and there is scope for an external pavement Licence which will appeal to certain uses subject to the necessary consents.

 

ACCOMMODATION

Arranged over ground only:

Internal Width 6.1M 20‘ 2“
Ground Floor Area 44.9M² 483ft²
WC Ancillary

LEASE TERMS

A new Full Repairing & Insuring lease for a term to be agreed is available at a rent of £27,500 per annum exclusive.

 

EPC

The property has an Energy Performance Certificate rating of Category D.

 

PLANNING

The premises have a Planning Consent listed as Sui Generis.  A1/A2/A3/A5 consents may be available subject to application.

 

BUSINESS RATES

Rateable Value £34,250
2021/2022 UBR £0.54
Estimated Rates Payable £18,495

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority. The Small Business Multiplier is £0.491

 

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:
Ian Angus
E: iana@atretail.co.uk
T: 0191 280 4235
M: 07960 466 211

Property type: Retail

Rateable value: £34,250

Planning use: Sui Generis

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