- £99 per week (£5,148pa)
- Total area 689sqft (64sqm)
- Prominent position with high footfall
- Profitable business opportunity
- Bus Stop Seconds Away
- Retailers nearby include LifeStyle Express, Dog Groomers, Tattoo Studio, Tanning Shop, Paint Shop, Post Office, and lots more.
- Dedicated customer parking outside of property.
The property is situated on Stanhope Road in South Shields. It benefits from excellent transport links with Chichester Metro Station a five minute walk away and several bus routes using Stanhope Road. Additionally West Park is just minutes away, bringing a heavy flow of traffic down Stanhope Road. Nearby retailers include LifeStyle Express, Dog Groomers, Tattoo Studio, Tanning Shop, Paint Shop, Post Office, Hair & Beauty, Bakery, and a range of restaurants and cafes.
This centrally located shop is ideal for starting or relocating your business. There is a large retail area, office room, staff toilets and extra storage area. There is an option to buy the business with the fixtures and fitting for £30,000. The unit is secure and benefits from external roller shutters and a fire exit, it is clean and tidy and is available for immediate occupation.
The accommodation comprises the following approximate Net Internal Areas:
Ground Retail Zone A: 44.8sqm (482sqft)
Ground Retail Zone B: 19.5sqm (210sqft)
Total Area: 64.3sqm (692sqft)
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 £5,148 per annum exclusive.
The current rating assessment is as follows: Shop & Premises £4,900. 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. #
The Tenant is to reimburse the Landlord for all reasonable legal costs with regards to completing the Lease.
All figures quoted are exclusive of VAT where chargeable.
By appointment through sole agents, Thrower Stone Group.
Subject to Contract
Call: 0191 477 5777
WhatsApp: 07920 522 713