Retail premises to let in Mountbatten Shopping Centre, Hebburn NE31

Location

Hebburn Shopping Centre is situated in the heart of Hebburn Town Centre on the junction of Station Road and Victoria Road West. The property benefits from excellent public transport links with numerous bus routes through the immediate vicinity and the Hebburn Metro Station being situated just 200m from the subject property.

Hebburn is located approximately 4 miles South East of Newcastle upon Tyne and 3 miles East of Gateshead Town Centre. Hebburn, is in real terms, a suburb of the larger Newcastle/Gateshead conurbation. It is an area undergoing extensive regeneration and development. We understand that new housing developments will deliver over 1,128 houses in Hebburn.

This is an established and popular retail location. Adjacent to the Shopping Centre on Station Road is a neighbourhood retail parade and next to the centre is an Asda convenience store and Post Office. An Aldi supermarket is to be developed opposite the centre and to the rear of the centre is the new
£13m Hebburn Central Leisure centre.

The Shopping centre has the benefit of use of the free to use 100 space public car park to the rear.

Description

The Mountbatten Shopping Centre has been named after the famous Lord Mountbatten, uncle of Prince Phillip, who commanded the famous Hebburn-built destroyer hms Kelly during the Second World War.

The property comprises an external shopping centre with a parade of retail units known as St John's Precinct and St James' Mall. The centre has recently undergone an extensive refurbishment with over £200,000 being invested in improvements, including a full rebrand to create a pleasant shopping environment. The centre provides a one stop destination for consumers with a broad range of retailers including national and local operators. Current occupants include Greggs, Ladbrokes, Boots, Savers, Farm Foods, Subway, Coral and Heron.

Units are available to let in a range of sizes, all of which offer flexible open plan space with ancillary areas to the first floor and benefit from servicing access to the rear and security roller shutters.

The units are available by way of new full repairing and insuring leases.
The quoting Rents are as follows and are subject to contract and other agreed terms. Incentives are available.

Unit M² Ft² Rent from (per annum) Rateable Value EPC Rating
4 St James Mall 53.23 573 Under offer £10,000 D92
22 St James Mall 110.04 1,184 £12,500 £9,200 Awaiting EPC Rating
24 St James Mall 108.82 1,172 £11,000 £8,900 D94
26 St James Mall 109.08 1,174 £12,500 £9,300 D87
23-25 St James Mall* 618.76 6,773 £30,000 £34,250 C69
30a St James Mall 41.16 443 £6,000 £1,200 Awaiting EPC Rating
32 St James Mall 99.40 1,070 £11,000 £9,000 D92
13 St John's Precinct 66.40 714 £8,500 £4,300 C59
15 St John’s Precinct 161.5 1,738 £10,500 £5,200 Awaiting EPC Rating