Commercial Property To Let
Retail
Retail / Office
Newcastle upon Tyne
£10,400 To Let (Leasehold)
REF: NE2233
Location
This unit forms part of a parade that includes 2 long established hot food takeaway operators. Located at the junction of the A1058 Coast Road with Benfield Road, approximately 3 miles east of Newcastle City centre, the immediate area is a mixture of residential, industrial and retail accommodation with high levels of potential trade.
The parade is adjacent to a very busy traffic junction and there are extremely high volumes of passing traffic, which is often stop start during rush hours. There is free on-street parking within 25 yards of the subject property.
Description
An end terraced shop unit forming part of a larger block that includes food and residential assets. The unit has a new shopfront and remote electric roller shutters.
Internally the shop is laid out to provide a sales area to the front with a couple of separate rooms and W.C. towards the rear. The premises would be suitable for a variety of uses, subject to any planning or landlord’s consent.
Accommodation
The property has a GIA of circa:
Ground Floor
Front Shop 35 sq.m. (375 sq.ft.)
Rear Shop 21 sq.m. (225 sq.ft.)
W.C.
External
Forecourt parking.
EPC
Rating C.
Terms
The premises is available on a new FRI lease at a rent of £10,400 per annum. Terms to be agreed and a rent bond will be required.
Services
Electricity and water is installed.
Legal Costs
The Ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease.
Business Rates
The premises are assessed as follows:
Rateable Value £6,200
Rates free incentives available
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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