Rent: £14,000 - £55,000
Region: Tyne and Wear
Town/City: Longbenton, Newcastle upon Tyne
LOCATION/SITUATION
The unit is situated within The Boulevard Shopping Centre, located at West Farm Avenue in Longbenton; a popular residential suburb of Newcastle upon Tyne. The property provides a ground floor retail unit occupying a prominent corner position with substantial free car parking to the front of the parade.
The scheme houses a number of local and national operators; Greggs, Boots Pharmacy, Heron, Farmfoods, Subway, Ladbrokes, and 3 Hot Food Takeaways. The Centre is also situated alongside the Oxford Centre, which provides community facilities and a library for the surrounding area.
ACCOMMODATION
Arranged over ground floor only, with the following floor areas:
| Unit 10 NIA | 157.93M2 | 1,700 ft2 |
| Unit 11 NIA | 157.9M2 | 1,700 ft2 |
The units can be split to create a space from 850 ft2 or amalgamated to create up to 3,500 ft2. Full details on application.
Unit 10 benefits from a return window display, whilst both units have roller shutters, WC, plus rear access and loading yard.
LEASE TERMS
For each unit, a new effective Full Repairing & Insuring lease for a term to be agreed is available at a rent of £27,500 per annum exclusive. Split/amalgamation rents on application.
EPC
Unit 10 has an Energy Performance rating of 62 (Band C)
Unit 11 has an Energy Performance rating of 29 (Band B)
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.
BUSINESS RATES
| Unit 10 Rateable Value | £23,750 |
| Unit 11 Rateable Value | £22,750 |
| 2023/2024 UBR | £0.499* |
*Business rates relief available for small businesses. 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 @retail:
Sarah Hart
E: sarah@atretail.co.uk
M: 07985768514
Property type: Retail
Rateable value: £TBC
Planning use: E
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