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Seller Type: Agency, Date Available: 03 Aug 2023, Property Type: Other, Number Of Bedrooms: Studio

Features:

 £110 PW (£5,735 per annum)
 Total area 431sqft (40sqm)
 Popular Location for a start up or relocating business
 Free public parking /on street parking
 Close to public transport links and Bensham Road
 Retailers nearby include Tesco, Hairdressers, Lloyds Pharmacy
 Prominent position with high footfall on the corner of Coatsworth Road

Location:

Located on the corner of Coatsworth Road, just off busy Bensham Road. This popular area has increased foot traffic being situated near Tesco Express, Lloyds Pharmacy and many other busy shops. Situated on one of the main transport routes within and around Gateshead and Newcastle Upon Tyne, this unit is ideal for a first time business or relocation.

Description:

This double fronted corner unit offers large external windows for showing off your window displays. There is a main shop floor to the front of the unit and additional facilities to the rear. This includes a kitchen, and store rooms along with a WC. The unit also benefits from external roller shutters.

Accommodation:

The accommodation comprises the following approximate Net Internal Areas:
Ground Retail Zone A: 21.06
Ground Kitchen: 2.2
Ground Staff Toilets: 0.98
Ground Internal Storage: 15.77
Total Area 40 sqm 431 sqft

Lease Terms:

The unit is available via a new full repairing and insuring lease for a term of years to be agreed, subject to regular rent reviews at a commencing rent of £5,735 per annum exclusive.

Business Rates:

Current rateable value (1 April 2023 to present) - £2,500. The business may be eligible for small business rate relief which in some circumstances can equate to 100% rate relief. For further information please contact Gateshead Metropolitan Borough Council.

Legal Costs:

The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.

VAT

All figures quoted are exclusive of VAT where chargeable.

Viewing

By appointment through sole agents, Thrower Stone Group