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Newcastle upon Tyne, 259 Scotswood Road
Newcastle upon Tyne, 259 Scotswood Road

Rent: £30,000 - £30,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne


LOCATION & SITUATION
The unit is located on the eastern end of Scotswood Road, ½ mile from Newcastle city centre. The unit forms part of an estate including occupiers such as Greggs, Toolstation, Speedy Hire, Howdens, Johnston’es Decorating Centre amongst others, and its sits adjacent to Porcalenosa and Wed4less.

 

ACCOMMODATION
Arranged over ground floors with loading dock off Brunel Street, the unit has a glazed frontage, staff/customer parking, and an internal clear height of 3.1m. Internally the unit has WC & Staff accommodation with the main floor plate open plan.

Ground Floor (GIA) 743 m² 8,003 ft²

LEASE TERMS
A new Internal Repairing & Insuring lease for a term to be agreed is available at £30,000 per annum exclusive representing a rate of £3.75 per ft².

 

EPC
The property has a Energy Performance Certificate of C 59. A copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value £27,500
2021/2022 UBR £0.491
 Estimated Rates Payable £13,502

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. The property is elected for VAT.

 

VIEWING
For enquiries, viewing, and general information, please contact ourselves or our joint agent Knight Frank:
Pete Townsend
E: pete@atretail.co.uk
T: 0191 280 4239
M: 07713 151 970

Property type: Retail

Rateable value: £27,500

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