Location
The property is located on Causey Street which is a mixed use residential and retail location just off High Street in Gosforth. This is one of the most sought-after residential districts of Newcastle, approximately 1.5 miles north of the city centre.
The immediate area comprises mainly residential housing but the High Street is less than 20 yards from the subject property. Nearby tenants include Caffe Nero, Greggs and Sainsbury Local plus numerous good quality independents.
Description
The unit comprises an end-terraced two storey property which forms part of a larger terrace. The ground floor space is interconnected with the upper floor comprising 3 offices.
Accommodation
Gross Internal Area basis as follows:
Ground Floor
Main Retail Area circa 615 sq.ft. (57 sq.m.).
Rear Office circa 89 sq.ft. ( 8 sq.m.).
Kitchen
W.C.
First Floor
Office 1 circa 200 sq.ft. (19 sq.m).
Office 2 circa 225 sq.ft. (21 sq.m).
Office 3 circa 130 sq.ft. (12 sq.m).
Shower
EPC
Rating E.
Services
Water, electric and sewerage are installed.
Rates:
The premises are assessed as follows:
RATEABLE VALUE £16,250
Viewing
Strictly by appointment with this office.
Tenure
The premises are available by way of a new FRI lease at a rent of £22,000 per annum. Full terms to be agreed. Each party will be responsible for their own legal costs. A 3 month rent bond will be required.
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.
