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 variety of retail or office uses subject to any required consents.
Premises
Comprises a ground floor unit forming part of a larger terraced property.
The unit formed part of a larger Ladbrokes betting office which has now been separated back into two smaller units. The landlord will work with any new tenant on the scope of a refurbishment programme to suit the new tenant’s use of the unit prior to any lease commencing.
The accommodation is laid out as follows;
Ground Floor
Retail / Office circa 550 sq.ft. (51 sq.m.)
3 Separate Toilets
EPC
Rating - C.
Services
Electricity, water and sewerage services.
Rates
Rateable Value £tbc
Tenure
The premises are available by way of a new FRI lease at a rent of £20,000 per annum. Full terms to be agreed. Each party will be responsible for their own legal costs.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations, the Tenant will be required to provide two forms of identification and proof of the source of income.
