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Newcastle, Scotswood Fitted Cafe

Rent: £16,500 - £16,500

Region: Tyne and Wear

Town/City: Newcastle upon Tyne


SITUATION
The unit forms part of Addison Court Assisted Living Development within Benwell. A predominantly residential area with new build housing estates and limited eateries. The unit sits just off the busy Armstrong Road and an operator is sought to service the development and wider community.

 

ACCOMMODATION
Arranged over ground floor with shared parking provisions, external terrace, & bin stores. The unit provides the following estimate areas:

Fitted Kitchen & Stores 51.7 m2 557 ft2
Cafe Seating Area 68.7 m2 740 ft2
Office/Staff Space 18.5 m2 200 ft2
(Additional terrace)

LEASE TERMS
A new effectively Full Repairing & Insuring lease for a term of 5 years with a mutual break option on the 2nd year to be agreed is available at £16,500 per annum exclusive. Further details on the terms available upon request.

 

EPC
A new Energy Performance Assessment will take place once and an updated EPC will be available in due course.

 

BUSINESS RATES

Rateable Value TBC
2021/2022 UBR £0.499
Estimated Rates Payable £ TBC

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:

Pete Townsend

E: pete@atretail.co.uk
M: 07713 151 970

Property type: Leisure, Retail

Planning use: E Class

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