Location
The suite is located at the eastern end of Byker Bridge close to the main roundabout at the end of Shields Road. This is an extremely busy location which fronts onto the A193 and is the main road heading east of Newcastle City centre towards Byker and Walker.
The location is approximately 1.5 miles from Newcastle City Centre and there are numerous bus services into town from this area plus a Metro station at Byker.
Description
This opportunity comprises the upper floor of a larger three storey building. Access is off the street via a staircase leading up to the first floor space. Formally a furniture warehouse, there are two large interconnecting rooms which would be suitable for a variety of uses.
Accommodation
Ground Floor
Lobby
First Floor
Showroom 155 sq.m. (1,650 sq.ft.).
W.C.
Terms
A new IRI lease is available for a term of years to be agreed. The asking rent is £10,000 per annum.
Legal Costs
The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
Services
We understand that mains electricity and water are connected to the property. The front door is secured by a roller shutter.
VAT
We are verbally informed VAT is not applicable.
Business Rates
The premises are assessed as follows:
Rateable Value £5,000
Rates free incentives subject to status.
EPC
Rating - C
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
