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Newcastle upon Tyne, 20 Nun Street

Rent: £19,450 - £19,450

Region: Tyne and Wear

Town/City: Newcastle upon Tyne


SITUATION
The property is situated in a busy position on Nun Street, which acts as thoroughfare between Clayton Street and Grainger Street, opposite one of the main entrances into the famous Grainger Market.

 

ACCOMMODATION
The property is arranged over ground floor and basement only with WC and kitchen facilities to the rear. There is a partition wall at the rear of the property separating the sales area, suitable for stores/meeting or staff room:-

Internal Width 4.57m 15’0”
Widening to (at rear) 5.94m 19’6”
 Shop Depth 17.96m 58’11”
Ground Floor Sales 92m2 985ft2
Basement Stores 7m2 70ft2

LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed is available at an initial rental of £19,450 per annum exclusive.

 

EPC
The property has an Energy Performance Certificate of Band C (59). A full copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value £22,000
2021/2022 UBR £0.491
 Estimated Rates Payable £10,802

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:
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210

Property type: Retail

Rateable value: £22,000

Planning use: E

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