Retail premises to let in Station Road, Ashington NE63

Location

The subject property is located on Station Road, Ashington, which is a prime pedestrianised retail thoroughfare.

The property is well positioned to benefit from the new Ashington train station, which lies directly opposite. The development includes six new train stations in a £166m construction program currently under way and linking Newcastle City Centre in approximately 36 mins.

Station Road offers a wide selection of national, regional and local occupiers.

The exact location is shown on the attached plan.

Description

The property provides a ground floor open plan retail unit with return glazed frontage onto John Street. Pedestrian access is direct from Station Road via automatic security shutters offering double doors into the retail sales area.

The shop provides plaster painted walls with vinyl wood effect flooring and suspended ceilings including recessed lighting.

Access to the first floor is within the front sales area leading to open store / office area, WC and welfare facilities. The first floor is fitted

Accommodation

From onsite measurements the premises have the following NIA:

Ground floor sales
98.76 m2 (1,063 sq ft)
First floor sales / stores staff
83.80m2 (902 sq ft)

total NIA: 182.56 M² (1,965 sq ft)

(The accommodation maybe let and split separately).

Services

The property benefits from all mains services.

It is recommended that all interested parties contact the local service provides to ensure that the services are installed and operational.

Business rates

We understand from informal discussions with the Local Rating Authority that the premises are assessed at

rv £11,750

(It is recommended that all interested parties contact the Local Authority to confirm these figures.)

Tenure

The property is available by way of new Full Repairing and Insuring lease for a term of years to be agreed.

Service charge

A nominal service charge is payable for the up keep and maintenance of common areas.

Exact figures can be provided upon request.

Rent

Our client is seeking a rental in the region of £15,000 p.a.

Incentives may be available subject covenant and lease term.

Energy performance certificate

An EPC can be provided upon request.

VAT

VAT will be chargeable at the prevailing rate.

Legal costs

The ingoing tenant will be responsible for the landlords’ reasonable legal costs in connection with any transaction.

Viewing

By prior appointment with Frew Pain & Partners, contact:

James E F Pain
Tel: Email:

March 2024