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0 BR Business Transfer in Newcastle Upon Tyne for rent | Newcastle upon Tyne TWR | 4785363294

Groves Residential (Gosforth)

This listing was posted on Groves Residential (Gosforth) (via Rentright).


0 BR Business Transfer in Newcastle Upon Tyne for rent

Newcastle upon Tyne, Tyne & Wear

26298104,Available due to expansion and relocation, the premises are situated in a prime position on the B1318 Great North Road which links Gosforth to Jesmond and North Gosforth. The road is main thoroughfare and nearby occupiers include Pizza Express. Lloyds Bank Greggs, Santander, Newcastle Building Society, Thorpe‘s of Gosforth (DIY), Dawson and Sanderson and many more.The property provides state of the art retail space at a first floor level which is currently used as an estate agent‘s office. The space provides an open sales area to the front with 2 rear offices - 1 of which leads to a rear filing store and kitchen plus a single WC facility. There is a rear fire escape leading to a back lane. The space is in excellent order throughout and would suit a variety of uses. There is potential to strip out the rear office space to increase the front sales area if desired. The property provides the following floor areas and dimensions:Floor dimensions: Internal width front 5.37m (17‘7&quote;) widening to5.53m (18‘1&quote;) after 10.5m (34‘7&quote;) depth. Total depth 18.48m (60‘7&quote;)Total space 109.44 msq (1178 sq-ft) Plus WC facility.WC Services The property has the benefits of mains electricity water and drainage supplies. Leasing terms The retail unit is available by way of an assignment of the current lease at nil premium, which expires 30th September 2019 at a passing rental of £25,000 pax. The landlord would consider granting a new lease for a longer term if required on terms to be agreed subject to the covenant status of the applicant.Business Rates The premises are currently assessed at RV £27,500. The current Uniform Business Rate for 2017/18 is set at 0.479 pence in the pound making the annual rates payable £13,172.50. Interested parties should verify this details and understand if there is any business relief available by making contact with the local rating authority directly.Legal Costs Each party is to bear their own legal charges incurred in documenting any assignment or new lease.VAT All figures within these terms are exclusive of VAT where chargeable .Viewings Strictly through Groves Residential on 0191 246 6666Disclaimer Groves Residential for themselves and for the vendors or lessors of this property, whose agents are, give notice that, i) the particulars are set out as a general outline only for the guidance of the intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract ii) all descriptions, dimensions, references to condition and necessary permission for the use and occupation and other details are given without responsibility, and any intending purchaser or tenants should not rely on them as statements or representations of fact, but must satisfy themselves, by inspection or otherwise, as to the correctness of each of them iii) no person in the employment of Groves Residential has any authority to make or to give any representations or warranty whatever in relation to this property. The vendor does not give warranty as to the age, quality, state, condition or fitness of the property which must be taken by the purchaser with all faults and imperfections. Any areas, measurements or distance referred to as given as a GUIDE ONLY and are NOT precise. Purchasers or lessees must rely on their own enquiries. Any suggestions of orientation is offered as a guide only and should not be relied upon.
Property Type:
Commercial & Office Space for Rent
Sq feet:
1,178 sq. ft.
Agent Name:
Groves Residential (Gosforth)
January 11 on Rentright
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More About this Listing: 0 BR Business Transfer in Newcastle Upon Tyne for rent
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