Commercial Property To Let


Retail

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Retail / Office

Jesmond

£9,000 To Let (Leasehold)

REF: NE2207

Location

 

The shop is located at the junction of Clayton Park Square with Clayton Road which runs off Osborne Road and down towards Great North Road.  Jesmond is one of the most sought-after residential suburbs of Newcastle and circa 1 mile north east of the City centre.  There is an excellent local infrastructure with good schools, public transport links and amenities.

 

This unit forms part of a thriving and popular retail   district on the south side of Jesmond within a predominantly high value residential area.  The street is home to a selection of high quality, mostly independent, operators that include clothing boutiques, coffee shops and beauty salons.

 

The location of the premises means that there are very high levels of both captive and passing trade and there is free, short stay, car parking on the street.  The unit would be suitable for a variety of retail or office uses, subject to any consents.

 

Premises

 

Comprises a self-contained ground floor unit with a communal entrance.  The space forms part of a larger two storey terraced parade which is in excellent order throughout and most recently traded as a independent travel agency.

 

The accommodation is laid out as follows;  

 

Ground Floor            

Retail / Office             circa 300 sq.ft. (29 sq.m.)

W.C.

 

Services

 

Water and electricity are supplied.

 

EPC

 

Rating D.

 

Business Rates

 

Rateable Value           £6,400 (from 2026)

Rates free subject to individual status.

 

Tenure

 

The premises are available on a new lease at a commencing rent of £9,000 per annum (£750 per calendar month). Details to be agreed.

 

Legal Costs

 

The ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new sublease.

 

Money Laundering Regulations

 

In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

 

Viewing

 

Strictly by appointment.

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