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Please download the full property specification below:


Property Features

Additional Information

Sale or Letting Letting
Property Type House
Number of Bedrooms 1
Number of Sitting / Dining Rooms 1
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Please download the full property specification below:


264a High Street, Gateshead Tyne & Wear NE8 1DJ

PRIME LOCATION | £172 PER WEEK | OFFICE / RESTAURANT / GYM PURPOSES

£172.00
pw

(Monthly: £745.33)

Features:

  • £8950 per annum (£172 pw)
  • Total area 1481.11 sqft (137.60 sqm)
  • Prominent corner position with high footfall and traffic
  • Suitable for office / restaurant / fitness studios / gym purposes
  • Retailers nearby include Tesco Extra, Subway, Lloyds Bank, Home Bargains
  • Within walking distance from the Trinity Square

Location:

This former TSB Bank building is situated in a prominent corner position on High Street Gateshead and the A184; a bustling commercial thoroughfare. The property is within walking distance of the Tesco Trinity shopping center and surrounded by established businesses such as Tesco Extra, Subway, Lloyds Bank and Home Bargains, ensuring high foot traffic and excellent visibility. There are bus stops conveniently located nearby, the Gateshead Interchange is within walking distance.

Description:

This versatile first-floor office space offers a prime opportunity for businesses seeking a dynamic location with flexible use. Positioned along the bustling A184, the unit benefits from high visibility and passing traffic, making it ideal for office operations while also presenting an excellent opportunity for a restaurant or café conversion and even a fitness studio or a gym. Featuring an open-concept layout, the space includes a dedicated kitchen, internal storage, and restroom facilities, ensuring convenience for staff and customers alike. Air conditioning throughout maintains a comfortable working environment. Whether you're looking to establish an office or bring your culinary vision to life with maximum exposure, this first-floor unit is ready to accommodate your business needs.

Accommodation:
The accommodation comprises the following approximate Net Internal Areas:

  • First Floor Office:                              1341.1 sqft (124.6 sqm)
  • First Floor Kitchen:                                      21.5 sqft (2 sqm)
  • First Floor Internal Storage:                       8.6 sqft (0.8 sqm)
  • First Floor Staff Toilets:                            41.9 sqft (3.9 sqm)
  • First Floor Staff Toilets:                            67.8 sqft (6.3 sqm)

    TOTAL AREA:                                     1481.11 sqft (137.60 sqm)

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 £8950 per annum (£172 per week).

Business Rates:

The current rating assessment is as follows: Bank & Premises £0.
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

Call us to discuss your requirements: 0191 477 5777