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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:


415 Stanhope Road, South Shields, NE33 4TD

Busy High Street | HIGH FOOTFALL RETAIL UNIT | Great Business Opportunity | Stanhope Road | South Shields | C395

£99.00
pw

(Monthly: £429.00)

Features:

  • £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.

Location:

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.

Description:

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.

Accommodation:

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)

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 £5,148 per annum exclusive.

Business Rates:

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. #

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

Contact us:

Call: 0191 477 5777

WhatsApp: 07920 522 713

Call us to discuss your requirements: 0191 477 5777