Location
The shop is located on Howdon Road which runs off Tynemouth Road towards Willington Quay.
The premises are adjacent to Howdon Road Metro station, on a busy link road and in a predominantly residential area. The Metro station can provide high levels of potential passing trade and captive trade can be generated from the nearby housing.
The premises had operated as a sandwich bar for a number of years and is currently configured and partly fitted out for that use.
However, the premises would be suitable for other uses, subject to any required consents.
Premises
Comprises a ground floor unit forming part of a semi-detached property.
The unit benefits from road frontage onto Howdon Lane and there is ample free street parking on the street. There is a forecourt area which is included in the lease.
The accommodation is laid out as follows;
Ground Floor
Retail / Office circa 250 sq.ft. (23 sq.m.)
Kitchen circa 124 sq.ft. (12 sq.m.)
W.C.
Services
Electricity, water and sewerage services. Electric shutters are installed to the front of the unit.
EPC
Rating - D.
Rates
Rateable Value £4,150
Rates free incentives subject to status.
Tenure
The premises are available by way of a new lease at a rent of £5,200 per annum. Full terms to be agreed.
Legal Costs
The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
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.