South Shields, 90-92 King Street

Rent: £18,000 - £18,000

Region: Tyne and Wear

Town/City: South Shields

LOCATION
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.  The unit sits on a prime spot within the pedestrianised section of King Street directly opposite Phase 3 of the South Shields 365 project, which includes retail and leisure developments.
Further details available on www.southshields365progress.com

 

ACCOMMODATION
Arranged over ground, first, second and third floors, with WC facilities and off-street parking to the rear:

Shop Depth	22.50 M	73’10”
Internal Width (front)	6.59 M	21’8”
Ground Floor Sales	123 M²	1,324 ft²
First Floor	41 M²	442 ft²
Second Floor	44 M2	473 ft2
Third Floor	46.8 M2	504 ft2

LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed is available at £18,000 per annum exclusive.

 

EPC
Further details to follow.

 

BUSINESS RATES

Rateable Value	£14,250
2021/2022 UBR	£0.499
Estimated Rates Payable	£7,111

Up to 100% Business Rates Relief Available.
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
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210