Commercial Property To Let
Retail
Retail / Office
Gosforth
£35,000 To Let (Leasehold)
REF: NE2234
Location
The shop is located on the main High Street close to its junction with Causey Street. Gosforth is an extremely sought-after residential suburb of Newcastle approximately 2 miles due north of the City centre with good schools, public transport links and local amenities.
The location of the premises generates very high levels of both captive and passing trade and there is also a pay and display car park nearby.
The premises are adjacent to Greggs The Bakers and other nearby occupiers include Lloyds Bank, Sainsbury’s and Caffe Nero together with popular independent coffee shops, bars and restaurants.
The unit would be suitable for a broad variety of uses, subject to any required consents.
Premises
Comprises the ground floor of a substantial two storey terraced property of traditional construction. The shop front provides a large display space that looks directly onto the busy High Street.
The ground floor is open plan, but which has been configured to provide a reception and treatment area to the front with three separate consultancy rooms beyond.
The unit is in very good internal condition and was, until recently, operating as a high end, ladies spa and beauty salon.
The gross floor areas are as follows;
Ground Floor
Main Retail Area circa 1,085 sq.ft. (101 sq.m.)
Large Bathroom DDA compliant
Services
Gas, electricity and water services are on site.
EPC
Rating - TBC.
Rates
Description; Shop and Premises
Rateable Value £23,750
Tenure
The premises will be offered by way of a new FRI lease at a passing rent of £35,000 per annum. There will be 3 yearly rent reviews and a rent bond may be required subject to status.
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.
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