Newcastle, 253a Stanhope Street

Rent: £12,000 - £12,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne, Stanhope

LOCATION/SITUATION
Located just off Bararck Road on Stanhope Street and 1 mile
west of Newcastle City Centre, the unit forms part of Iceland’s
demise and sits adjacent the Frozen Food retailers main
entrance as well as an active, free cash point.
There is a bus stop opposite linking Newcastle City Centre, and
free on street parking to the front and free parking to the rear
via a private car park. Both Westgate Primary and Moorside
Primary are ~100m from the subject unit and the site is
surrounded by dense residential.

ACCOMMODATION
Comprising of a ground floor lock up retail unit with the
following approximate and floor areas:
Total Ground Floor
Sales Area 102 M2  /  1,097 ft 2
WC   4.4 M2  /  10 ft 2

LEASE TERMS
A new sub-lease on a effectively fully repairing and Insuring
basis for a term to be agreed is available at a rent of £12,000
per annum exclusive.

EPC
The property has an Energy Performance rating of C 15. Full
details available upon request.

BUSINESS RATES
Rateable Value – £9,000
2023/2024 UBR – £0.499
Estimated Rates Payable – £0,000*
*(with small business relief)

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

SERVICE CHARGE
An ad hoc service charge is payable to cover the costs of the
maintenance of the exterior structure and common parts. The
unit represents 1.19% of the total chargeable area. 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 by appointment only, and general
information, please contact @retail.

Pete Townsend
E: pete@atretail.co.uk
M: 07713 151970