Retail premises to let in Sea Winnings Way, Westoe Crown Village, South Shields NE33

£12,795 pa (£16.75/sq. ft. pa)
Retail premises to let 764 sq. ft*
Interested in this property? Call +44 191 563 0289 * or Request Details

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

Property description

Ground floor retail unit. Internal electric roller shutters. Flexible lease terms Free car parking. Rent £12,795 per annum



Location
South Shields is a large coastal town situated on the southern banks of the River Tyne, approximately 8 miles east of Newcastle upon Tyne City Centre. It is the principal commercial and administrative centre of South Tyneside.

The subject property is located in Westoe Crown Village, which is a densely populated modern estate consisting of town houses and apartments as well as a row of terraced retail units with Tesco as the anchor store.

Other neighbouring retailers include a hair & beauty business, café, local charity store, health food business and an aesthetics company. There is a central community hub and local primary school within yards of the premises generating additional footfall to the area.

Description
The property comprises a ground floor shop within a three-storey mid-terraced building of brick and stone construction under a slate covered pitched roof. The shop enjoys a large glazed frontage and benefits from free car parking to the front.

Internally the property comprises an open plan retail area to the front with a storage room and w.c. Facilities to the rear. The shop is fitted out to a good standard with tiled flooring (under existing carpets), spot lighting, a fire protection system, alarm system and internal electric roller shutters to the front windows. There is a door to the rear which provides access to a loading area and designated car parking space.

The property was previously used as a bridal store, however it would be suitable for a variety of retail uses.

Accommodation
Total floor area of 764 sq ft (70.98 sq m)
To be confirmed.

Terms
The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed.


Rent


£12,795 per annum, exclusive of business rates, service charge and building insurance.

Outgoings
We understand the property is entered into the Rating list with a rateable value of £9,400. If the occupying business is eligible under the current Government Covid-19 measures to support businesses, the rates bill will be discounted by 66% from 1 July 2021 to 31 March 2022.

Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.

VAT
The property is registered for VAT and therefore VAT will be payable on the rent.

Legal costs
Each party is to bear their own legal costs.

Other

Energy performance certificate


The property has an EPC rating of b-43.

A copy of the EPC and recommendation report is available on request.


Code of practice for commercial leases


The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website,



Viewing
Strictly by appointment with sole agents, YoungsRPS.

Stephanie Dixon on .
E-mail:

Property info

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For more information about this property, please contact
YoungsRPS, NE1 on +44 191 563 0289 * (local rate)

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