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 directly opposite 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 broad variety of uses, subject to any required consents, and was most recently occupied by an Estate Agency.
Premises
Comprises a substantial four storey property of traditional brick construction and forming part of a larger terrace. The shop front looks out onto the busy High Street and there is rear access from the back lane but no allocated parking.
The ground floor is effectively an open plan space with stairwells down into the basement and up into the first and second floors. The upper floors are modular offices with staff welfare located on the half landing which includes a kitchen and separate ladies and gents toilets.
The gross floor areas are as follows;
Basement circa 1,165 sq.ft. (108 sq.m.)
Ground Floor circa 785 sq.ft. ( 73 sq.m.)
Half Landing circa 120 sq.ft. ( 11 sq.m.)
First Floor circa 850 sq.ft. ( 79 sq.m.)
Half Landing Kitchen and Toilets.
Second Floor circa 425 sq.ft. ( 39 sq.m.)
Services
Gas, electricity and water services are on site.
EPC
Rating - D.
Rates
Description; shop, offices and premises
Rateable Value £24,250
Tenure
The premises are available by way of a new FRI lease at a rent of £35,000 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.
