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 almost adjacent to the unit.
Other High Street occupiers include Lloyds Bank, Sainsbury’s and Caffe Nero together with 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 benefits from return frontage onto High Street and Woodbine Road and the unit has good levels of natural light. There is a popular Italian café adjacent and a residential flat above.
The accommodation is laid out as follows;
Ground Floor
Retail / Office circa 285 sq.ft. (26 sq.m.)
Back Office circa 86 sq.ft. ( 8 sq.m.)
Kitchen circa 66 sq.ft. ( 6 sq.m.)
W.C.
Services
Electricity, water and sewerage services.
EPC
Rating - D.
Rates
Rateable Value £16,000
Tenure
The premises are available by way of a new FRI lease at a rent of £18,000 per annum. Full terms to be agreed. Each party will be responsible for their own legal costs and a 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.
