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North Shields, 47 Bedford Street

Rent: £25,000 - £25,000

Region: Tyne and Wear

Town/City: North Shields

The Beacon Shopping Centre comprises over 186,000 sq ft of retail accommodation with in excess of 40 retail units. The centre is anchored by Wilko (52,000 sq ft), Home Bargains, Boots, Greggs, CEX, Card Factory and Holland & Barrett are among some of the retailers represented within the scheme. There is access to a dedicated car park providing 460 spaces and the centre has a footfall of 120,000 persons per week.  The premises are situated on pedestrianised Bedford Street which is the principal shopping street within the town centre and nearby retailers include Thomas Cook, Co-Op Food Store, Ramsdens, Boots and Iceland as indicated on the attached Goad extract.


The accommodation is arranged on ground only offers the following approximate floor areas and dimensions :-

Internal Width 21 ft 6” 6.54m
Ground Floor Area 1,132 sq ft 105.2 sq m

The premises are available to let by way of a new effectively full repairing and insuring lease for a term to be agreed subject to five yearly rent reviews at an initial rent of £25,000 per annum exclusive.


The property is assessed for rating purposes as follows:-

Rateable Value £21,000
Rates Payable 2019/20 £6,867

The above figure assumes the tenant will benefit from the Govt reduction of 33.3% from April
2019. The total claim allowance for any one Company is £200,000pa.  Interested Parties should seek verification of the above from the local Rates Authority.

The current on account service charge for 2019 is £6,443 excl.


The property has an EPC rating of 66 (Band C).


Each party will bear their respective legal costs incurredvin connection with this transaction.


All figures quoted in these terms are exclusive of any VAT that may be payable.


Strictly by prior appointment through:
Ian Angus
DD: 0191 280 4235
Mob: 07960 466211

Pete Townsend
DD: 0191 280 4239
Mob: 07713 151 970

Or alternatively through our joint agent Jackson Criss

Property type: Retail

Rateable value: £21,000

Planning use: A1

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