Leisure/hospitality to let in High Street, Newcastle Upon Tyne NE3

Situation
The premises is situated in a prominent position on the affluent and popular High Street in Gosforth. It benefits from strong link to the surrounding area and Newcastle city centre, being served by bus routes and Metro Stations at both Gosforth and South Gosforth. There are a number of national retailers located nearby with a wide range of regional and local leisure operators.

Accommodation
Arranged over ground and first floors only, with a private car parking space at the rear of the property. The property provides the following areas. (NIA)

Internal Width (max)
10.7 m
35’ 1“

Ground Floor Sales Area
251 m2
2,701 ft2

Ground Floor WC’s
24 m2
264 ft2

First Floor Office/sales/store
236 m2
2,536 ft2

First Floor WC’s
14 m2
150 ft2

Total:
525 m2
5,651 ft2

lease
The premises are available on a new Fri lease for a term to be agreed, subject to vacant possession. This at a commencing rent of £60,000 per annum exclusive.
Our client may consider sensible freehold proposals for the building by way of an offer.

Business rates

Rateable Value
£52,000

2023/2024 ubr
£0.512

Estimated Rates Payable
£26,624

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Energy Performance Certificate
The properties EPC is available upon request.

Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Viewing
For enquiries, viewing, and general information, please contact @retail or our joint agent Andrew Chandler at Dunlop Heywood.

Peter Townsend
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