Rent: £55,000 - £55,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
The unit offers an imposing and prominent frontage to Market Street with the benefit of a return frontage within the attractive Central Arcade. It most recently traded as a Café with ground and first floor sales areas. Nearby occupiers include Cote, Café Andaluz, Harrys Bar, Dune Footwear, End Clothing.
Arranged over ground and first floor sales with basement kitchen facilities:
|Ground Floor Sales||1491 sqft||138.5sqm|
|First Floor||885 sqft||82.2sqm|
A new lease for a term to be agreed is available on effective full repairing and insuring terms at a rent of £55,000pa excl.
The service charge budget figure for the year to December 2023 is £12,517 excl.
The property has an Energy Performance rating of D92. A copy of the EPC is available on request.
|Rates Payable April 23/24||£18,962|
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 @retail
M: 07960 466211
Or our joint agent
Property type: Leisure, Retail
Rateable value: £38,000
Planning use: E
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