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Property Type Commercial
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Please download the full property specification below:


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

RETAIL UNIT | Just Refurbished Internally | POPULAR LOCATION | Coatsworth Road, Gateshead | C1084

Number of bedrooms

Number of sitting / dining rooms

£85.00
pw

(Monthly: £368.33)

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 brightly lit shop has recently been refurbished internally it 
has fine wooden flooring and freshly painted walls. It is ideal for 
any start or relocating business. It has previously been used as 
a nail and beauty shop but could be used as anything else. 
There is a high footfall and demand for a beauty shop in this 
location. The shop consists of a large retail room and staff toilets. 
The unit is secure and benefits from external roller shutters. 
The property is clean and tidy and is available for immediate 
occupation. 

Accommodation 

The accommodation comprises the following approximate Net 
Internal Areas: 
Ground Retail Zone A: 25sqm (269sqft) 
Ground Staff Toilets: 1.5sqm (16sqft) 
Total Area: 26.5sqm (285sqft) 

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 £4,420 per annum exclusive. 

Business Rates 

The current rating assessment is as follows: Shop & Premises 
£3,800. 

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

+ £4,420 per annum (£85w)
+ Total area 285sqft (26sqm)
+ 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



Call us to discuss your requirements: 0191 477 5777