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Property Type Commercial
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Please download the full property specification below:

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Coatsworth Road, Gateshead, NE8 1SQ

Double Fronted Corner Shop | BUSY LOCATION | Opposite Tesco | Coatsworth Road Gateshead | C79

£125.00
pw

(Monthly: £541.67)

Features

+ £125 per week (£6,500pa) 
+ Total area 731sqft (68sqm) 
+ Ideal Start or Relocating Business 
+ Prominent busy position with high footfall 
+ Nearby retailers include, Tesco, Nisa, Subway, Lloyds Pharmacy, Post Office 
and many other retailers. 
+ Bus stop seconds away 
+ Double Fronted Corner Shop 

Location

The property occupies a great position, on Coatsworth Road in 
Bensham. Coatsworth Road predominantly comprises of ground 
floor commercial units under residential accommodation. Vacancy 
rates are low, with this being a highly popular location due to 
its close proximity to Trinity Square/Newcastle and good 
transport links across the North East. Historically, Coatsworth 
Road has been the high street of Bensham for over 100 years, 
with local stores trading from this location to this day. Retailers 
on this road include Tesco Extra, Nisa Local, Subway, Ladbrokes, 
Lloyds Pharmacy and various other retailers. 

Description

This double fronted corner shop is ideal for starting or relocating 
any established business. It has previously been used as a DIY 
shop but could be used for most businesses. The property is 
secure and benefits from external roller shutters, it is clean, tidy 
and is available for immediate occupation. 

Accommodation

The accommodation comprises the following approximate Net 
Internal Areas: 

Ground Retail Zone A: 351sqft (32.6sqm) 
Ground Retail Zone B: 123sqft (11.4sqm) 
Ground Retail Zone C: 119sqft (11.1sqm) 
Ground Internal Storage: 80.7sqft (7.5sqm) 
Ground External Storage: 57sqft (5.3sqm) 
Total Area: 731sqft (67.9sqm) 

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 £6,500 per annum exclusive. 


Business Rates 

The current rating assessment is as follows: Shop & Premises 
£5,100. 

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 Seaham 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 
Text/WhatsApp: 07920 522 713

Call us to discuss your requirements: 0191 477 5777