Newcastle upon Tyne, 9 Wingrove House

Rent: £5,750 - £5,750

Region: Tyne and Wear

Town/City: Newcastle upon Tyne

SITUATION
The property is located within the ground floor of Wingrove House, which is prominently positioned on Ponteland Road (A167), one of the main roads leading out of the city centre to the west. Cowgate sits between Kenton and Blakelaw and has a substantial residential population in the immediate surrounding area.

 

ACCOMMODATION
Arranged over ground floor only with kitchen/WC facilities and loading access to the rear and parking provisions to the front.

Gross Frontage	4.62m	15‘2“
Built Depth	14.73m	48’4”
Ground Floor Sales	44m²	469ft²
Staff Kitchen/Stores	19m²	205ft²

LEASE TERMS
The premises are occupied by way of an effective FRI lease expiring 25th December 2023 at a passing rental of £5,750 per annum exclusive. There is a break option 25th December 2021, so a new lease will be considered.

 

EPC
The property has an Energy Performance Certificate of Band C (67). A copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value	£4,700
2020/2021 UBR	£0.499
Estimated Rates Payable	£2,345

Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

 

SERVICE CHARGE
A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. Further details available upon request.

 

VIEWING
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
T: 0191 280 4237
M: 07949 938210