Rent: £29,000 - £29,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
The property is situated in the City Centre on Ridley Place which connects with the northern end of prime Northumberland Street and is in close proximity to Newcastle and Northumbria Universities. Nearby occupiers include Subway, Hays Travel and Toni & Guy while the street also benefits from a healthy mix of local independent operators as indicated on the attached Goad extract.
The accommodation is arranged on ground floor and basement and offers the following approximate floor areas and dimensions:
|Internal Width||37 ft 2”||11.3 m|
|Ground Floor Sales||801 sq ft||74.4 sq m|
|Rear Store||91 sq ft||8.5 sq m|
|Basement||250 sq ft||23.2 sq m|
The premises are available by way of a new effectively full repairing and insuring lease for a term to be agreed incorporating five yearly rent reviews at an initial rent of £29,000 per annum exclusive.
The premises have not yet been separately assessed by the Local Rating Authority, however, an indication of rateable value can be provided by request from this office.
ENERGY PERFORMANCE CERTIFICATE
An EPC for the premises is available upon request from this office.
Each party will bear their respective legal costs incurred in connection with the transaction.
All figures quoted in these terms are exclusive of VAT where chargeable.
By prior appointment through:
DD: 0191 280 4235
Mob: 07960 466 211
DD: 0191 2804239
Property type: Retail
Rateable value: £TBC
Planning use: A1 & A2
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