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Please download the full property specification below:


Coatsworth Road, Gateshead, Tyne & Wear, NE8 1QN

RETAIL UNIT | Former DIY Shop | IDEAL START / RELOC | Busy Street | Coatsworth Road, Gateshead | C87

£120.00
pw

(Monthly: £520.00)

Location 

The property occupies a great position, on Coatsworth Road in 
Bensham. Coatsworth Road predominantly comprises of ground 
floor commercial units with upper floor 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 many various local retailers. 

Description 

This retail unit is ideal for any start or relocating business. It has 
previously been used as a DIY shop but could be used as anything 
else. There is a high footfall which would attract many customers. 
The shop consists of a large retail room, storage room 
and staff toilets. The unit is secure and benefits from external 
roller shutters. The property is available for immediate occupation. 

Accommodation 

The accommodation comprises the following approximate Net 
Internal Areas: 

Ground Retail Zone A: 35.57sqm (383sqft) 
Ground Internal Storage: 13.29sqm (143sqft) 
Ground Staff Toilets: 4.64sqm (50sqft) 
Total Area: 53.5sqm (576sqft) 

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 £6,240.00 per annum exclusive. 

Business Rates 

The current rating assessment is as follows: Shop & Premises 
£3,650.00 

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 

Features

+ £6,240 per annum (£120pw) 
+ Total area 576sqft (54sqm) 
+ Prominent position with high footfall 
+ Ideal for starting or relocating business 
+ Close to public transport links and Gateshead Interchange 
+ Retailers nearby include Tesco, Nisa, Subway, Lloyds Pharmacy & The Post Office. 
+ Free public car parking seconds away 

Contact Us

Call: 0191 477 5777 
Text/WhatsApp: 07920 522 713

Call us to discuss your requirements: 0191 477 5777