Rent: £5,750 - £5,750
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
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.
Arranged over ground floor only with kitchen/WC facilities and loading access to the rear and parking provisions to the front.
|Ground Floor Sales||44m²||469ft²|
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.
The property has an Energy Performance Certificate of Band C (67). A copy of the EPC is available upon request.
|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.
A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. Further details available upon request.
For enquiries, viewing, and general information, please contact:
T: 0191 280 4237
M: 07949 938210
Property type: Retail
Rateable value: £4700
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