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Retail Unit

Gosforth Offers over £100,000 Freehold (fees apply) £0 per annum (fees apply) REF: NE1867

Location

The premises are located in a small parade of shops which forms part of a secondary shopping area serving a popular residential area just off Salters Road, approximately 1 mile due west of Gosforth town centre. This is an established retail area which is home to a variety of independent traders and includes a butcher, newsagent and convenience store. There are good levels of both captive and passing trade and ample street parking available.

Description

The property comprises a two-storey end terrace lock up unit with a pitched roof over. Externally there is a shared courtyard area.  Accommodation;

Ground Floor:

Sales / Café Area        20.3 sq. m.

First Floor:

Kitchen / Stores           19 sq. m.

W.C.   

External

Shared Courtyard area to rear.                                   

Lease

The premises are available on a new FRI lease.  Asking rental £9,000 per annum.  Rent reviews 3 yearly with full terms to be agreed.

Freehold

The title is freehold. Interested parties should make their own legal enquiries.

Planning

Previously used as a Community Café & Coffee Bar with limited menus.  Full details on application.

Services

Electricity and water are supplied.

Business Rates

The property is assessed

RATEABLE VALUE:     £4,750 (April 2023)

Rates incentives available subject to status.

Legal Costs

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

EPC

Rating - E.  A copy of the document will be available on request.

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 source of income.

 

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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