Prime Retail Space Available in Gateshead Town Centre
Features:
+ Affordable Rent: Only £10,296 per year (£198 per week), offering great value for such a prime location.
+ Spacious Interior: Covers a total area of 430.6 sqft (40 sqm), providing ample room for your business.
+ High Footfall Area: Situated in a prominent position with plenty of pedestrian traffic, ensuring your business gets maximum visibility.
+ Excellent Transport Links: Just a stone's throw away from Gateshead Interchange, making it easily accessible by public transport.
+ Thriving Retail Environment: Surrounded by popular shops like Savers, Tesco Extra, Subway, Lloyds Bank, Argos, Wilko, and Poundland.
+ Convenient Access to Public Transport: There's a bus stop right opposite, making it easy for customers to visit.
Location:
Located on bustling Jackson Street in Gateshead Town Centre, this retail unit is perfectly positioned on a major retail thoroughfare leading to the Gateshead Interchange bus concourse and Metro station. With its prime location, the property benefits from high footfall and convenient access to public transport. The Tesco Trinity shopping scheme, which offers free parking, is just a short 20-second walk away. You'll be in good company, with well-known retailers like Tesco Extra, Subway, Lloyds Bank, Poundland and Home Bargains nearby.
Property Description:
This versatile retail space is suitable for a wide range of business uses. It features a spacious retail room and staff toilets, all secured with external roller shutters for peace of mind. The unit is clean, tidy, and ready for you to move in and start trading.
Accommodation:
The accommodation comprises the following approximate Net Internal Areas:
Retail Zone A: 219.5 sqft (20.4 sqm)
Retail Zone B: 199.1 sqft (18.5 sqm)
Retail Zone C: 11.8 sqft (1.1 sqm)
Total Area: 430.5 sqft (40 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 £10,296 per year, exclusive.
Business Rates:
The current business rates for the Shop & Premises are £6800. Your business might qualify for a rate reduction, and in some cases, you might not have to pay anything. For more details, reach out to Gateshead Metropolitan Borough Council.
Legal Costs:
The tenant will be responsible for reasonable legal costs for set up the lease.
VAT:
All quoted figures are exclusive of VAT, where applicable, as not all properties are subject to VAT.
Viewing:
To arrange a viewing, please get in touch with the sole agents, Thrower Stone Group.
Subject to Contract
