Retail premises to let in High Street, Gateshead NE8

Location

This former TSB Bank building is situated in a prominent corner position on High Street Gateshead and the A184; a bustling commercial thoroughfare.

The property is within walking distance of the Tesco Trinity shopping scheme and surrounded by established businesses such as Tesco Extra, Subway, Lloyds Bank, Poundland, Peacocks, and Home Bargains, ensuring high foot traffic and excellent visibility.

There are bus stops conveniently located nearby, the Gateshead Interchange is within walking distance, as well as free parking facilities at the Trinity scheme, just a short walk from the premises.

Description

The property offers a versatile mix of office and retail space, making it suitable for a wide range of uses. The building's adaptability caters to both commercial and retail needs, providing ample space for businesses to operate and thrive.

The two-story property features a spacious ground floor with a main sales area, meeting rooms, a large safe room, and staff accommodation. The First floor offers staff accommodation or offices, internal storage, staff toilets and a dedicated kitchen area. Dual staircases facilitate easy movement between floors. Air conditioning is available throughout the premises.

Accommodation

The accommodation comprises the following approximate Net Internal Areas.

Ground Floor Retail Zone A 979.5 sq ft (91 sq m)

Ground Floor Retail Zone B 351.9 sq ft (32.7 sq m)

Ground Floor Office 102.2 sq ft (9.5 sq m)

Ground Floor Internal Storage 75.3 sq ft (7 sq m)

Ground Floor Unclassified Area 99 sq ft (9.2 sq m)

Ground Floor Internal Storage 25.8 sq ft (2.4 sq m)

First Floor Office 1341.1 sq ft (124.6 sq m)

First Floor Kitchen 21.5 sq ft (2 sq m)

First Floor Internal Storage 8.6 sq ft (0.8 sq m)

First Floor Staff Toilets 41.9 sq ft (3.9 sq m)

First Floor Staff Toilets 67.8 sq ft (6.3 sq m)

total area:

Ground Floor 1634 sqft (151.80 sqm)

First Floor 1481 sqm (137.60 sqm)

Total Area 3,111 sqft (289 sqm)

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 £19,950 per annum exclusive. Energy Performance Certificate The property has an energy rating of “D”.

Business Rates

The current rating assessment is as follows: Bank & Premises

£13,250. 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 Gateshead Metropolitan Borough 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