Retail premises to let in High Street East, Wallsend NE28

Location

The subject property is located on the corner of High Street East and Chestnut Street in Wallsend. High Street East forms part of the A193 and is a main road through Wallsend town centre and the A193 provides access to the North Tyneside coast to the east and Newcastle upon Tyne city centre, which is 4 miles to the west.

High Street East is a popular and established retail and business location in Wallsend and has local and national occupiers including Nationwide Building Society, Blueline Taxi’s, Lloyds Bank, Hair Topics, Lloyds Pharmacy and Sopranos.

The property benefits from being within close proximity to local public transport links with bus stops located on High Street East, Wallsend Metro Station just 0.2 miles away and nearby road links include A187 which is 0.3 miles away, the A1058 (Coast Road) is 0.8 miles away and A19 is 2 miles away

Description

The subject property comprises an end terrace retail unit which is arranged over ground floor. The unit comprises a sales area with storage and WC facilities.

The property benefits from a glass frontage onto High Street and roller shutter security.

Accommodation

34 High Street East 47.2m² 508ft²

EPC rating

D84

Rating assessment

We understand that the rateable value will need to be reassessed and interested parties should confirm the current position with the Local Authority.

Terms

The property is available by way of a new lease at £7,500 (Seven Thousand Five Hundred Pounds) per annum.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Legal costs

Each party is to bear their own legal costs involved in the transaction.

Money laundering regulations

In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.