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Retail Unit

Dunston £8,000 per annum Leasehold (fees apply) REF: NE2022

Location

The premises form part of a terrace of retail units at the junction of King George Avenue with The Crescent (Ellison Road) and opposite St Nicholas Church. The shop is in a prominent position and there are potentially good levels of passing and captive trade.

The location is less than 2 minutes from the A1 Western Bypass and the immediate area is a mix of residential and commercial property with ample on street parking nearby.

The unit was last used as an off licence and convenience store but closed due to a change in personal circumstances. Other nearby occupiers include a Co-op Supermarket and Betfred plus a good selection of other independent traders.

Description

Comprises a self-contained ground floor retail unit which forms part of a small parade serving a predominantly residential area.

The premises would be suitable for a range of uses, subject to planning and landlord’s consent.

Accommodation

Ground Floor

Retail Unit                  46.5 m²     500 ft²

Rear Shop                    4.2 m²       46 ft²       

W.C.

Lease Terms

A new full repairing and insuring lease is available at a rental of £8,000 per annum. Full terms to be agreed.

Legal Costs

The ingoing tenant will be responsible for the landlord’s reasonable legal costs for the preparation of the lease.

Business Rates

Rateable Value                       £8,200

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.

Viewing

Strictly by appointment.

 

 

 

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