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ADS » TYNE AND WEAR » SOUTH SHIELDS » REAL ESTATE » #94192

Busy High Street | HIGH FOOTFALL RETAIL UNIT | Stanhope Road | South Shields | C637
Location: Tyne and Wear, South Shields
Price / Salary: £90
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Seller Type: Agency, Date Available: 04 Oct 2023, Property Type: Other, Number Of Bedrooms: Studio

Features:

+ £90 per week (£4,680pa)
+ Total area 499sqft (46sqm)
+ Prominent position with high footfall
+ Bus Stop Seconds Away
+ Retailers nearby include LifeStyle Express, Dog Groomers, Tattoo Studio, Tanning Shop, Paint Shop, Post Office, and lots more.
+ Dedicated customer parking outside of property.

Location:

The property is situated on Stanhope Road in South Shields.
It benefits from excellent transport links with Chichester Metro Station a five minute walk away and several bus routes using Stanhope Road.
Additionally, West Park is just minutes away, bringing a heavy flow of traffic down Stanhope Road. Nearby retailers include LifeStyle Express, Dog Groomers, Tattoo Studio, Tanning Shop, Paint Shop,
Post Office, Hair & Beauty, Bakery, and a range of restaurants and cafes.

Description:

This centrally located shop is ideal for starting or relocating your business. There is a large retail area, rear kitchenette, staff toilets all of which has recently been refurbished and boast a new and modern grey laminate floor. There also an extra storage area in covered yard. The unit is secure and benefits from external front and rear roller shutters and a fire exit, it is clean and tidy and is available for immediate occupation.

Accommodation:

The accommodation comprises the following approximate Net Internal Areas:
Ground Retail Zone A: 20.3sqm (219sqft)
Ground Retail Zone B: 9.3sqm (101sqft)
Rear Enclosed Area: 46.4sqm (180sqft)
Total Area: 29.6sqm (319sqft)

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 £3,900 per annum exclusive.

Business Rates:

The current rating assessment is as follows: Shop & Premises
£2,850.
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.

Subject to Contract





Posted 26/10/23, views 1


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