Rent: £6,500 - £6,500
Region: Tyne and Wear
Town/City: South Shields
LOCATION/SITUATION
South Shields is located approximately 4 miles south east of the Tyne Tunnel, 8 miles east of Newcastle upon Tyne and provides the principal commercial centre for South Tyneside, with a local population of 75,000.
The unit sits just off the prime pitch within the pedestrianised centre which is undergoing significant regeneration with a new Metro Interchange, public realm works, and soon to be relocation of South Tyneside College onto King Street, boosting footfall for the town.
ACCOMMODATION
Arranged over ground floor with a glazed shop front, sales area, and staff facilities, the property has following approximate floor areas:
Ground Floor Sales Area | 24 sqm | 262 sqft |
Staff WC | 3 sqm | 11 sqft |
LEASE TERMS
A new effectively Full Repairing & Insuring lease for a term to be agreed is available at a rent of £6,500 per annum exclusive.
EPC
A copy is available on request from this office.
BUSINESS RATES
Rateable Value | £5,700 |
Estimated Rates Payable2023* (*100% relief available) | £0,000* |
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
COSTS
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.
VIEWING
For enquiries, viewing, and general information please contact @retail.
Pete Townsend
E: pete@atretail.co.uk
M: 07713 151970
Property type: Retail
Rateable value: £5,700
Planning use: E
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