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Please download the full property specification below:


354 Old Durham Road, Low Fell, Gateshead, Tyne and Wear, NE8 4BQ

Popular Location | Flexible use Town-Centre | Commercial Unit

£174.00
pw

(Monthly: £754.00)

Description A versatile retail unit (552.19 sqft) designed to support a wide range of business types: Two large retail/showroom areas, ideal for display, customer service, or open-plan working Shopfront frontage offering space for signage and display opportunities Shared serviced yard with on-site parking for staff or customers Secure roller shutter fitted to the main entrance for added security Condition: Some light refurbishment or redecoration may be required, depending on the incoming tenant’s operation and standards The flexible layout allows occupiers to tailor the space to their own brand and working style The landlord is open to reasonable tenant fit-out works under a licence-to-alter, giving new occupiers the ability to adapt the premises to suit their business requirements Why it appeals to local/small businesses The dual retail rooms and strong shopfront presence offer an easy footprint to divide into front-of-house, consultation or service areas, and back-of-house functions. The yard and parking provide a practical benefit for both staff and visiting customers. Its secure access and adaptable layout make it suitable for a wide variety of uses. The space lends itself perfectly to: Retail or service-led shop front Showroom with consultation space Tuition/learning centre Professional services office Community or creative hub (STP) Access & Parking The entrance is fitted with roller shutter for secure closure Shared serviced yard with on-site parking provision Additional public parking and good bus links are available nearby Accommodation The accommodation comprises the following approximate Net Internal Areas: Ground floor retail zone A: 218.45 sqft (20.3 sqm) Ground internal storage: 170.1 sqft (15.8 sqm) Ground internal storage: 101.2 sqft (9.4 sqm) Ground internal storage: 62.4 sqft (5.8 sqm) Total Area: 552.19 sqft (51.3 sqm) Planning/Use This retail unit offers versatile ground-floor shop space with a large amount of storage space and WC, plus a lower ground storage area. It was previously used as a food shop but is suitable for a wide range of business types. Located within Gateshead Council’s area, planning applications and use class information can be easily accessed through their public planning portal, ensuring transparency and ease for potential tenants or buyers. Situated in the suburb of Low Fell, the area benefits from a vibrant community with a variety of independent shops and local businesses, making it an excellent location for new ventures. Business Rates Current assessment: Shop & Premises: £2,340 Occupiers may be eligible for Small Business Rate Relief (potentially up to 100% in some cases) All parties should verify their liability with Gateshead Metropolitan Borough Council Services & Compliance Mains services understood to be available (interested parties to satisfy themselves as to presence/capacity and compliance for their intended use) Lease Terms New Full Repairing & Insuring (FRI) lease, term by negotiation, with regular rent reviews Rent: £750 per month (£174 per week), exclusive Incentives may be considered subject to covenant, term and tenant works Deposit/guarantor may be required subject to references If applicable, service charge/insurance contributions: details on request Available for early occupation, subject to contract and agreed works Legal Costs Each party to bear their own legal costs The ingoing tenant to be responsible for the landlord’s reasonable legal costs in the grant of the lease VAT All figures quoted are exclusive of VAT.

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