Location:
This business opportunity is located within a busy parade of shops in the heart of Hillheads Estate, just off Hillheads Road in Westerhope. Other tenants include a vets, convenience store and sandwich bar.
Westerhope is a popular suburb of Newcastle on the western outskirts of the City centre comprising a broad mix of residential housing. The area benefits from good road links via the A69 and A1 (Western Bypass).
Description:
The premises were last used as a Fish and Chip shop and are currently configured to provide a waiting and service area to the front with a rear shop and prep to the rear.
The unit would suit for a variety of uses and this is a busy parade with a good quality range of tenants that includes a vet, convenience store and butcher plus a range of other independents. The parade lies within a good quality private residential estate and there would be a certain amount of potential captive trade, depending on the intended use.
Premises:
Comprising the ground floor of a terraced 2 storey unit forming part of a larger parade.
Ground Floor
Front Shop 625 sq.ft.(58 sq.m.)
Rear Prep / Store 280 sq.ft.(26 sq.m.)
W.C.
External
Parking for 1 vehicle.
Services
Electricity and water are installed to the site.
Rates
The premises are assessed as follows:
Rateable Value £8,400 (from April 2023)
Rates free subject to individual status.
Tenure
The premises are offered on a new effective FRI lease at a commencing rent of £15,000 per annum. Full terms and conditions to be agreed. The ingoing tenant is responsible for the landlord's legal fees for the preparation of the new lease.
EPC
Rating - C
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.