Location
The property has return frontage at the busy junction of Newburn Road with Station Road. Newburn is located approximately 6 miles to the west of Newcastle and is easily accessed from the A1 Western Bypass, via the A6085.
Business Opportunity
Previously a busy Lloyds Bank, this unit could be suitable for number of alternative uses, subject to any required consents.
Access is via an electrically assisted door into an open retail space with three separate rooms off, one of which is the former safe. To the rear of the unit there are staff and welfare areas plus separate ladies and gents toilets.
For any new business there are good levels of captive trade, with residential housing nearby, and passing trade can be generated by the main road location. There is ample free on-street parking on the surrounding streets.
Premises
Ground Floor:
Front Shop 715 sq.ft. (66 sq.m.).
Office 1 70 sq.ft. (7 sq.m.)
Office 2 60 sq.ft. (6 sq.m.)
Former Safe 125 sq.ft. (12 sq.m.)
Kitchen /Staff 170 sq.ft. (16 sq.m.)
Ladies Toilets
Gents Toilets
Services
Mains electricity, water and sewerage services are connected to the property. There is a gas central heating system installed.
Rates
The premises are assessed as follows:
Rateable Value £4,150
Rates free incentives subject to status.
Tenure
The premises will be offered by way of a new FRI lease at an initial asking rent of £13,000 per annum. Terms to be agreed.
Legal Fees
The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
EPC
Rating - D.
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