This property is no longer on the market
Retail property (high street)
Property description & features
- To Let
- Retail / Office Premises
- Net Internal Area 70sqm (754 sqft)
- Prominent Roadside Position
- Rent: £7,500 pa
Retail / Office Premises
Net Internal Area 70 sqm (754 sqft)
Prominent Roadside Position
Rent: £7,500 pa
To Let
Retail / Office Premises
Net Internal Area 70 sqm (754 sqft)
Prominent Roadside Position
Rent: £7,500 pa
Location - The property which is located on the south western side of Gateshead Town Centre is prominently positioned on the corner of Lobley Hill Road and Newton Street thus benefiting from a high level of passing traffic. This is a mixed commercial / residential area which is within easy access of the A1(M) and Team Valley Trading Estate.
Description - The property comprises an end-terraced ground floor retail unit which provides good quality cellular accommodation. Internally there are suspended ceilings throughout incorporating modern lighting. Externally the property benefits from automated steel security shutters.
The property has previously been used as a Veterinary Practice although is suitable for alternative uses such as a Hair / Beauty Salon or other retail/ office activities subject to receipt of planning approval.
Accommodation - The Net Internal Area (NIA) is as follows:
70 sqm (754 sqft)
Services - We understand that all mains services are connected to the property apart from mains gas.
(All interested parties should satisfy themselves with the local service providers)
Rating Liability - The property is assessed for business rates as follows:
Property: 2 - 4 Newton Street, Gateshead NE8 4XL
Description: Shop and Premises
Rateable Value:£3,200
Tenure - The property is available by way of a new FRI lease for a minimum lease term of 3 years.
Our client will consider selling the long leasehold interest.
Rent - The property is available at an initial rent of £7,500 per annum.
Energy Performance Certificate - Full details upon request.
Legal Costs - Each party will be responsible for their costs in the transaction.
Money Laundering Regulations - In accordance with the Anti-Money Laundering Regulations the Purchaser / Tenant will be required to provide two forms of identification and proof of the source of income.
Vat - All prices quoted are exclusive of VAT at the prevailing rate
Property information from this agent
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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