Wallsend, 19 – 21 High Street West

Rent: £29,500 - £62,500

Region: Tyne and Wear

Town/City: Wallsend

SITUATION
Wallsend is a town in North Tyneside, located approximately 4 miles to the east of Newcastle city centre. The subject property is located on High Street West and is prominently positioned on the entrance to The Forum Shopping Centre.

 

ACCOMMODATION
The property is arranged over ground, first floor and basement.

Ground Floor	242m²	2,610ft²
First Floor Offices/Staff	138m²	1,491ft²
Basement	33m2	355ft2

The above figures relate to the floor areas when occupied as a single unit.

 

LEASE
The premises are occupied by way of two leases, details of which are found below: –
19 High Street West – The premises are held by way of a FRI lease for a term expiring 28th September 2065 at a passing rental of £29,500 per annum exclusive.
21 High Street West – The premises are held by way of a FRI lease for a term expiring 28th September 2065 at a passing rental of £33,000 per annum exclusive.
Further details available upon request.

 

EPC
Further details of the Energy Performance Certificate to follow.

 

BUSINESS RATES

Rateable Value	£36,500
2022/2023 UBR	£0.499
Estimated Rates Payable	£18,214

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/professional costs incurred with this transaction.

 

VAT
All figures quoted are exclusive of VAT and other charges where applicable.

 

VIEWING
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
M: 07949 938210