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Retail Unit

Gosforth £19,000 per annum Leasehold (fees apply) REF: NE1480

Location

The shop is located on the main High Street close to its junction with Station Road and Salters Road.  Gosforth is an extremely sought after residential suburb of Newcastle approximately 2 miles due north of the City centre with good schools, public transport links and local amenities.

The location of the premises means that there are very high levels of both captive and passing trade and there is also a pay and display car park diagonally opposite the unit.  Nearby occupiers include HSBC Bank, Sainsbury’s, Caffe Nero and a number of popular independent coffee shops, bars and restaurants.

The unit would be suitable for a number of retail uses subject to any required consents.

Premises

Comprises a fully refurbished ground floor and basement unit forming part of a larger four storey terraced building.

The building has been completely refurbished and this has included a rewire, a re-plaster, and part of the flooring has been replaced.  The shop area has been reconfigured and extended to provide additional space at the rear and the basement is dry and usable for storage purposes.

The accommodation is laid out as follows;  

Ground Floor            

Retail Front Shop     circa 400 sq.ft. (37 sq.m.)

Rear Shop                  circa 161 sq.ft. (15 sq.m.)

W.C.

Basement

Stores                         circa 570 sq.ft. (53 sq.m.)

External

Yard Area                   circa 151 sq.ft. (14 sq.m.)

Services

Mains electricity, gas, water and sewerage services are connected to the property.

Rates

Rateable Value           £15,000

Tenure

The premises are available by way of a new FRI lease at a rent of £19,000 per annum.  The minimum length of lease will be 5 years with full terms to be agreed.

Each party responsible for its own legal costs. 

EPC

Rating – C. A full copy of the document will be available for inspection.

 

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