Retail premises to let in Felling Bypass, Gateshead NE8

Location

The subject property is prominently located on Park Road in Gateshead. Park Road forms part of the Felling By-Pass and the A184 which provides direct access from the A19 to Gateshead via Heworth, Felling and Wardley, and is a popular route into Newcastle upon Tyne city centre.

The property is situated in an established and popular business location with surrounding occupiers including Crowther Lodge Motor Company, McDonalds, Evans Halshaw Vauxhall, Gateshead International Stadium and Dynamix Extreme Skatepark.

Park Road is serviced by local bus routes and the nearest Metro Station is Gateshead Stadium which is just 0.5 miles away.

Description

The subject property comprises a modern showroom building premises and benefits from multi sided full height display windows. The property currently comprises a showroom area with offices, ancillary and there is a steel framed industrial workshop to the rear.

The property sits on a site extending to 0.89 acres and has an external forecourt for approximately 100 cars.

The property may be suitable for a variety of uses STPP.

Accommodation

We calculate the approximate internal floor areas to be as follows:

Showroom 210m² 2,260ft²
Car Mechanics/Servicing 200m² 2,153ft²
Office Space 150m2 1,615ft2
Mezzanine 135m2 1,453ft2
Total 695m² 7,481ft²
Site area 0.89 acres

EPC rating

E115

Rating assessment

We have been unable to obtain a current Rateable Value for the property and interested parties should confirm the current position with the Local Authority.

Terms

The property is available by way of a new lease with terms to be agreed at £75,000 (Seventy Five Thousand 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.

Anti-money laundering regulations

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.