The property comprises a ground floor retail unit situated in a terraced parade off Wansbeck Road South. Internally the accommodation is divided to form a ground floor sales area with separate office/storage/wc accommodation.
Outside, to the rear of the property there is loading access and parking is available to the front of the unit or on the nearby roads.
Location
The unit is positioned adjacent to a Co-op store and forms part of a busy parade of shops in a large residential area near Gosforth. Newcastle City Centre is approximately 4 miles to the south of the subject property and can be easily accessed by car or metro.
Accommodation
The property has the following approximate net internal floor areas:-
Ground Floor Sales - 1,456 sq ft (135.26 sqm)
Office/Store - 441 sq ft (41.02 sqm)
Terms
RATING - The accommodation is currently assessed for rating purposes as follows:-
“Shop and Premises” £10,000 UBR 2017/2018 £0.466
Due to transitional relief provisions with effect from 1 April 2017 this unit will qualify for 100% rate relief (subject to the business only using a single property).
Interested parties are advised to check with the Local Authority as to the current rate liability.
ENERGY PERFORMANCE CERTIFICATE - The property has an energy performance asset rating of D89. Further information can be provided.
LEASE TERMS - The property is available by way of a new effectively full repairing and insuring lease for a term of years to be agreed at a commencing rental of £12,000 per annum exclusive of business rates, utility costs, service charge, insurance, VAT and all other outgoings.
Specification
- Part of a well-established retail parade
- Adjacent to Co-op Convenience Store
- Suitable for a number of uses (subject to planning)
- New Lease – Flexible Terms