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Please download the full property specification below:


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Property Type Commercial
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Please download the full property specification below:


402 Stanhope Road, South Shields, NE33 4RB

VERSATILE SPACE | £90 PER WEEK | PRIME LOCATION | FLEXIBLE LEASING OPTIONS

£60.00
pw

(Monthly: £260.00)

Features:

+ £3640 per annum (£60 per week for first 6 months)

+ Total area 505.90sqft (47sqm) 

+ Prime location in South Shields with High Footfall.

+ Versatile space suitable for retail or office use.

+ Retailers Nearby include Lidl, Dog Groomers, Tattoo Studios, Tanning Shop, Lifestyle Express, Paint Shop and lots more.

+ Secure unit with external roller shutter.

+ Available in 2 separate parts with dedicated entrances.

Location:

Located on the corner of Stanhope Road and Belle Vue Crescent, just minutes away from the Lidl. The location is well established, made up of largely residential property and supporting commercial premises. It benefits from excellent transport links with Tyne Dock Metro Station, a four-minute walk away, and several bus routes, bringing a heavy flow of traffic down Stanhope Road. Nearby retailers include Lifestyle Express,    Tanning Shop, Post Office, Hair & Beauty, Bakery, and a range of restaurants and cafes.

Description:

This versatile ground-floor unit features an open-plan layout, making it suitable for retail or office use. The property is available to be rented in two separate parts, each with its dedicated entrance, offering flexibility for a variety of business needs.
While the unit does not include a restroom, it provides a practical footprint for businesses looking to launch or relocate. For added security, the property is fitted with external roller shutters.
This is an excellent opportunity to establish your presence in a convenient location. Contact us today to learn more or arrange a viewing.

Accommodation:

The accommodation comprises the following approximate net internal areas.

Ground floor retail zone A:        492.98sqft (45.8 sqm)
Ground floor retail zone B:            12.91sqft (1.2 sqm)

Total Area:                                     505.90sqft (47 sqm)

Lease Terms:

The property is available on a new full repairing and insuring lease for a term of years to be agreed, with regular rent reviews. The starting rent is £3640 per annum (£60 per week for the first 6 months), exclusive.

Business Rates:

The current rating assessment is as follows: Shop & Premises £5200.

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 the Local Council.

Legal Costs:

The tenant will be responsible for reasonable legal costs for setting up the lease.

VAT:

All figures quoted are exclusive of VAT where chargeable.

Viewing:

By appointment through sole agents, Thrower Stone Group.

Subject to Contract

 


Call us to discuss your requirements: 0191 477 5777