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Please download the full property specification below:


Property Features

Additional Information

Sale or Letting Letting
Property Type Commercial
Number of Bedrooms Studio
Map
Street View
Downloads

Property Downloads

Please download the full property specification below:


80 Lobley Hill Road, Gateshead, Tyne & Wear, NE8 4YJ

Retail Unit | Car Parking | Busy High Street | Lobley Hill Road | Gateshead | C1035

Number of bedroomsStudio

Number of sitting / dining rooms

£120.00
pw

(Monthly: £520.00)

Features:


  • £6,256 per annum (£120pw) 
  • 864sqft (80sqm) of available space. 
  • Unfurnished 
  • Located in a prime commercial area 
  • Ideal for a starting or relocating your business. 
  • Close to public transport links and Gateshead Interchange 
  • Retailers nearby include Machine Mart, Peugeot Car Sales, Highway Vets, Car Services and Construction Academy 
  • Free public car parking outside the property. 
  • This space was occupied by a hair salon but has since been vacated and all items removed, but is now available for rent.

 

Location:

 

Located in a prime commercial area, With 864sqft (80sqm) of space available, this unit is perfect for anyone looking to establish a new storefront. The unit has free car parking to the side, and situated near Team Valley Trading Estate, offering plenty of foot traffic.

 

Description:

 

Previously used as a salon and builders show room, the space includes large windows for natural light and an open floor plan. The unit is made up of two main rooms, a kitchen/storage room, staff toilets and a rear service yard. This is an ideal unit for retailers starting out or looking to relocate their business. The property is clean and tidy and available for immediate occupation.

 

Accommodation:

 

The accommodation comprises the following approximate net internal areas.

Sales Floor - 864sqft (80sqm)

 

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 £6,256 per annum exclusive.

 

Business Rates:

 

The current ratable value from (1st April 2023 to present): Shop & Premises - £2,950. 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 only through sole agents, Thrower Stone Group.

 

Subject to Contract


Contact us:

Email:  lettings@throwerstone.co.uk

Call: 0191 477 5777

Call us to discuss your requirements: 0191 477 5777