Retail premises to let in Coatsworth Road, Bensham, Gateshead NE8

£6,500 pa (£8.89/sq. ft. pa)
Retail premises to let 731 sq. ft*
Interested in this property? Call +44 191 490 6024 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • + £125 per week (£6,500pa)
  • + Total area 731sqft (68sqm)
  • + Ideal Start or Relocating Business
  • + Prominent busy position with high footfall
  • + Nearby retailers include, Tesco, Nisa, Subway, Lloyds Pharmacy
  • Post Office and many other retailers.
  • + Bus stop seconds away
  • + Double Fronted Corner Shop

Property description

Location

The property occupies a great position, on Coatsworth Road in
Bensham. Coatsworth Road predominantly comprises of ground
floor commercial units under residential accommodation. Vacancy
rates are low, with this being a highly popular location due to
its close proximity to Trinity Square/Newcastle and good
transport links across the North East. Historically, Coatsworth
Road has been the high street of Bensham for over 100 years, with local stores trading from this location to this day. Retailers
on this road include Tesco Extra, Nisa Local, Subway, Ladbrokes, Lloyds Pharmacy and various other retailers.

Description

This double fronted corner shop is ideal for starting or relocating
any established business. It has previously been used as a diy
shop but could be used for most businesses. The property is
secure and benefits from external roller shutters, it is clean, tidy
and is available for immediate occupation.

Accommodation

The accommodation comprises the following approximate Net
Internal Areas:

Ground Retail Zone A: 351sqft (32.6sqm)
Ground Retail Zone B: 123sqft (11.4sqm)
Ground Retail Zone C: 119sqft (11.1sqm)
Ground Internal Storage: 80.7sqft (7.5sqm)
Ground External Storage: 57sqft (5.3sqm)
Total Area: 731sqft (67.9sqm)

Lease Terms

The unit is available via a new full repairing and insuring lease
for a term of years to be agreed, subject to regular rent reviews
at a commencing rent of £6,500 per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises
£5,100.

The business may be eligible for small business rate relief
which in some circumstances can equate to 100% rate relief.
For further information please contact Seaham Council.

Legal Costs

The Tenant is to reimburse the Landlord for all reasonable
legal costs with regards to completing the Lease.


VAT


All figures quoted are exclusive of VAT where chargeable.

Viewing

By appointment through sole agents, Thrower Stone Group.

Subject to Contract

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Thrower Stone, NE8 on +44 191 490 6024 * (local rate)

Contact Thrower Stone about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Thrower Stone, and do not constitute property particulars. Please contact Thrower Stone 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.

Properties on the market nearby

13 more properties like this

View all Coatsworth Road commercial properties to let