A very prominently located and self-contained retail/office premises comprising an open plan sales area with a floor to ceiling glazed frontage to George Street and return frontage to Albert Street. The property is well presented internally and offers versatile accommodation that would suit a wide range of retail and/or office orientated businesses wishing to benefit from a very prominent location on the outskirts of Newcastle town centre.
Location
The property forms part of an established parade of mixed-use commercial premises and is positioned at the junction with Albert Street and George Street (A52) approximately ¼ of a mile to the east of Newcastle town centre. The property has excellent road connections and there are numerous on-street car parking opportunities nearby.
Accommodation
Sales Area: 275 sq ft
W.C.: -
Note: To the rear and connected via an internal passage is 1 Albert Street, a suite of two offices with its own toilet and store providing a further 199 sq ft, available at a rent of £XXX pax.
Terms
RENT - £XXX pax
VAT - The rent is not subject to VAT.
SERVICES - We understand that mains water, drainage and electricity is connected. No services have been tested by the agents.
PLANNING - The property benefits from an ‘E’ Use Class Order and as such can be used for retail, salon or office purposes. Please note it is the responsibility of the interested party to satisfy themselves that the appropriate planning consent is in place prior to committing to a lease.
EPC - TBC
BUSINESS RATES:
Rateable Value £XXX
Rates Payable £XXX pa (20/21)
If you qualify for Small Business Rates Relief you will be entitled to a 100% rate exemption.
TENURE - Available by way of a new internal repairing and insuring lease for a term of years to be agreed, subject to rent reviews every three years and with the cost of preparing the lease documentation (£XXX plus VAT) being the responsibility of the incoming tenant.
Specification
- Very prominent retail/office premises
- Self contained and with 275 sq ft of sales
- Forming part of a busy parade of shops with main road frontage
- Additional office/retail unit fronting Albert Street also available
- EPC: TBC