Retail premises to let in Bede Precinct, Jarrow NE32

The property is situated at the eastern section of Bede Precinct- close to an extensive free car park and the entry to B&M and Morrisons. Other well-known retailers nearby include Iceland, New Look, Card Factory Boots Chemists and Hays Travel.

Accommodation

The premises were previously operated by Cooplands Bakers and have been left essentially fully fitted. The shop is arranged to provide a customer area, sales display area which leads through to the back of house and preparation area. There is a rear door which links into the shopping centre yard for easy loading and deliveries. At the rear there is a staircase which leads up to first floor offices and a staff area and WC facility.

Floor areas are as follows:

Ground floor 64.4 sqm ( 693 sqft)
First floor 3 rooms totalling 41.4 sqm ( 446 sqft)
First floor staff/kitchen 9.2 sqm ( 99 sqft)
Total Area 115 sqm (1,238 sqft)

Business rates

The premises are currently entered into the Valuation List with an rv of £16,000 from 1st April 2023. The current Uniform Business Rate is 0.499p in the £ making rates payable £7,984. Interested parties should verify this rating information with the local rating authority directly and check if there is any assistance available
The premises are available either by way of a sublease to expire 2 days prior to the current lease 28th September 2024 or the landlords might consider granting a new lease or continuation lease upon terms to be agreed. Such an arrangement will be subject to a satisfactory lease surrender being negotiated.The passing rental is £20,000 per annum however the current
leaseholder may grant incentives to a suitable applicant to reduce initial costs.