Commercial Property To Let
Retail
Retail Unit / Office
Low Fell
£16,000 (Leasehold)
REF: NE2184
Location
The premises are located on Durham Road (A167) which runs through Low Fell and links Newcastle and Gateshead with the A1(M) Western Bypass. Low Fell is a popular and sought-after residential suburb with good schools, amenities and a busy shopping district.
A well-established beauty retreat has occupied these premises since 2021 and prior to opening the space was refurbished to a high standard.
This is a rare to the market two storey rental unit in the heart of Low Fell with private parking and which could be adapted for a variety of office or retail uses.
There are high levels of potential passing and captive trade and free pull in street parking for customers is available outside.
Premises
Ground Floor 400 sq.ft. (77 sq.m.).
Offices
Lower Ground 400 sq.ft. (77 sq.m.).
Offices
Kitchen
W.C.
External
Rear Parking for 1 car
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £5,200 (£6,500 from 2026)
Rates free incentives subject to status.
Tenure
The premises will be offered on an FRI lease at a commencing rent of £16,000 per annum with full terms and conditions to be agreed.
The ingoing tenant will be responsible for the landlord’s costs in preparing the 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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