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Newcastle upon Tyne, 21 – 23 Ridley Place

Rent: £29,000 - £29,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne


LOCATION
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.

 

ACCOMMODATION
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

LEASE TERMS
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.

 

BUSINESS RATES
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.

 

LEGAL COSTS
Each party will bear their respective legal costs incurred in connection with the transaction.

 

VAT
All figures quoted in these terms are exclusive of VAT where chargeable.

 

VIEWING
By prior appointment through:
Ian Angus
DD: 0191 280 4235
Mob: 07960 466 211
Email: iana@atretail.co.uk
Or
Pete Townsend
DD: 0191 2804239
Mobile:07713 151970
Email: pete@atretail.co.uk

Property type: Retail

Rateable value: £TBC

Planning use: A1 & A2

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