Rent: £25,000 - £25,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
The unit occupies a prominent spot on the iconic business and leisure street of Grey Street in Newcastle city centre next door to the Royal Bank of Scotland and Living Spaces. The street is undergoing significant placemaking measures to pedestrianize and promote pavement trade from the leisure occupiers and benefits from multi storey car parking and metro stations nearby.
Arranged over ground & basement with loading provisions to the rear on Greys Court, the unit provides the following accommodation:
|Net Frontage||4.9 M||16‘|
|Ground Floor Sales||48 M²||516 ft²|
|Basement Staff/Store||13 M²||139 ft²|
A new Full Repairing & Insuring lease for a term to be agreed is available at £25,000 per annum exclusive.
The property has a Energy Performance Certificate of D78. A copy of the EPC is available upon request.
|Estimated Rates Payable||£10,479|
There is rates relief available at present. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
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.
For enquiries, viewing, and general information, please contact:
M: 07960 466 211
Property type: Leisure, Retail
Rateable value: £21000
Planning use: E
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