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Retail Unit / Office

Westerhope £15,000 per annum Leasehold (fees apply) REF: NE1942

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.

 

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