Rent: £75,000 - £75,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
LOCATION/SITUATION
The property is situated in a busy location on Grainger Street, one of the main City Centre thoroughfares between Newcastle Central Station and Grey’s Monument with Northumberland Street and the Eldon Square Shopping Centre close by.
ACCOMMODATION
Arranged over ground floor, basement and first floor, with the following approximate dimensions and floor areas:
Gross Frontage | 11.6 m | 38’00” |
Internal Width | 11.13 m | 36’6” |
Ground Floor Sales | 107.7sqm | 1,159sqft |
Basement | 112.13sqm | 1,207sqft |
First Floor | 34.56sqm | 372sqft |
LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed is available at a rent of £75,000 per annum exclusive.
EPC
An Energy Performance Certificate is available upon request.
BUSINESS RATES
Rateable Value | £91,500 |
Rates Payable April 2022/23 | £46,848 |
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
Ian Angus
E: iana@atretail.co.uk
M: 07960 466211
or alternatively our joint agent:
Robin Hanson of BHT on 07711 718105
Property type: Leisure, Retail
Rateable value: £91,500
Planning use: E
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