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.
This retail unit is ideal for any start or relocating business. It has
previously been used as a vape shop but could be used for
most businesses. Situated on Coatsworth Road the unit benefits
from a high footfall attracting many customers. The shop consists
of a retail room, and staff toilets. The unit is secure and
benefits from external roller shutters. It is clean, tidy and is available
for immediate occupation.
The accommodation comprises the following approximate Net
Ground Retail Zone A: 12.6sqm (135.5sqft)
Ground Staff Toilets: 2sqm (21.5sqft)
Total Area: 14.6sqm (157sqft)
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 £3,588.00 per annum exclusive.
The current rating assessment is as follows: Shop & Premises
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
The Tenant is to reimburse the Landlord for all reasonable
legal costs with regards to completing the Lease.
All figures quoted are exclusive of VAT where chargeable.
By appointment through sole agents, Thrower Stone Group.
Subject to Contract
+ £3,588 per annum (£69pw)
+ Total area 157sqft (15sqm)
+ Prominent position with high footfall located on a very busy street
+ 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 and many others.
+ Free public car parking seconds away
Call: 0191 477 5777
Text/WhatsApp: 07920 522 713