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Retail Unit / Food

Walkergate £7,800 per annum Leasehold (fees apply) REF: NE1456

Location

This unit forms part of a newly developed retail   block in a prominent location at the junction of Coutts Road with Fossway.  The development is   in the pleasant residential suburb of Walkergate, 3 miles to the east of Newcastle City centre.

The immediate area comprises predominantly residential accommodation and it is expected that this should be able to generate potentially high levels of captive trade.  The unit has roadside presence, supported by designated parking and this will be of benefit to both the collection and delivery elements of this type of operator.

Description

Comprises a ground floor lock up unit with rear access and forming part of a small development which includes a very busy Costcutter store.  The unit is unfinished and the landlord will work with any potential tenants regarding fit and finish.

Accommodation

The approximate floor areas are as follows;

Ground Floor

Retail Area                   400 sq.ft. (37 sq.m.)

Rear Area                     133 sq.ft. (12 sq.m.)

External

Shared Yard with internal and street access.

Business Rates

The premises are assessed as follows:

Description                   Rateable Value

Shop & Premises          to be assessed

EPC

Rating - D

Terms

The property is available on a new full repairing and insuring lease at a rent of £7,800 per annum. Full terms to be agreed. Incentives will be available for fit out which could include;

  • Lighting
  • Flooring
  • Wall Cladding
  • Toilet Facilities

Services

Gas, water and electricity is supplied to the site.

Legal Costs

The ingoing tenant will be responsible for the landlord’s reasonable legal costs in preparing the new lease.

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.

 

 

 

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