Retail premises to let in High Street, Gateshead NE8
£10,000 pa (£8.64/sq. ft. pa)
Interested in this property?
Call +44 191 686 9887 *
* Calls to this number will be recorded for quality, compliance and training purposes.
The property is located on High Street, Gateshead, which is a mainly retail / commercial area. This location offers excellent access to Gateshead town centre which is a short walk away or alternatively easy access to Felling Bypass, giving good communication links both North and South. All local services and amenities are provided a short distance away. The exact location is shown on the attached plan.
The property comprises an end terrace retail unit with excellent frontage and passing traffic. Internally the property is to be refurbished to offer an open plan front retail sales area and rear stores with WC facilities. The accommodation will offer plaster/painted walls, suspended ceilings with recessed lighting. The retail unit offers excellent frontage and visibility from Charles Street (A184). Externally the property has security roller shutters. Formally a pet shop the property could be used for a variety of uses subject to planning.
From onsite measurements the premises briefly comprise as follows:
Retail unit / showroom 107.55m2
total gia: 107.55M2 (1,158 sq ft)
It is understood the property benefits from all mains services. (It is recommended that all interested parties contact the Local service providers to ensure that the services are operational.)
We understand from informal discussions with the Local Rating Authority that the premises are assessed at:
No 265/269 : Rv £7,600.
It is recommended that all interested parties contact the Local Authority to confirm these figures.
The premises are available by way of a new Full Repairing and Insuring lease for a term of years to be agreed.
Our client is seeking a rental in the region of £10,000 p.a. Incentives may be available subject covenant and lease term. A rent deposit may be required subject to lease and covenant.
VAT will be chargeable at the prevailing rate.
The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Frew Pain & Partners, and do not constitute property particulars. Please contact Frew Pain & Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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