Unit 1, Denton Park Shopping Centre, West Denton

Rent: £17,500 - £17,500

Region: Tyne and Wear

Town/City: West Denton

SITUATION

The Centre is approximately five miles to the north-west of Newcastle City Centre and provides a busy retail parade anchored by the adjoining Morrison’s Supermarket. The unit is situated on the upper level of the West Denton Shopping Centre. A new Leisure Centre nearby is being developed which will boast a 25m swimming pool, a 17m training pool, an aqua pool play, sports hall, fitness studio and gym, a library, community spaces, a soft play area, and a café.

 

ACCOMMODATION

Arranged over ground floor only with WC facilities at the rear.

 

Internal Width	5.5m	17’11”
Ground Floor Area	107.9sqm	1,160sqft

 

LEASE TERMS     

A new Effective Full Repairing & Insuring lease for a term to be agreed and subject to 5 yearly rent reviews is available at an initial rent of £17,500 per annum exclusive.

 

EPC

An Energy Performance Asset Rating is Band C (54). A full copy of the EPC is available upon request.

 

BUSINESS RATES

 

Rateable Value	£13,500
2024/2025 UBR	£0.499
Estimated Rates Payable	£6,736.50

 

Given the Rateable Value is between £12,001-£15,000, there may be a discount available on the Rates Payable figure. 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. The budget figure for the year to December 2024 is £7,697 excl.

 

COSTS

Each party will bear their respective 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:

 

Oliver Sunderland

E:  oliver@atretail.co.uk

M: 079643 836058