Rent: £40,000 - £40,000
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
The property is situated in a busy position on Grainger Street, which acts as one of the main th0roughfares between Newcastle Central Station and the city centre.
The nearby Bigg Market has undergone substantial investment and regeneration adding to the already strong footfall.
Grainger Street is also one of the main bus routes into the city centre, so there is plenty of vehicular and pedestrian passing traffic throughout the day.
Arranged over ground floor only, with the following approximate dimensions and floor areas:
|Ground Floor Area||78 M2||842 ft2|
A new effective Full Repairing & Insuring lease for a term to be agreed is available at a rent of £40,000 per annum exclusive.
The property has an Energy Performance rating of D 83.
|Estimated Rates Payable||£18,465|
Up to 100% Business Rates Relief Available.
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. Further details available upon request.
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: 07949 938210
Property type: Retail
Rateable value: £37,000
Planning use: E
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