+ £6,760 per annum (£130pw)
+ Total area 577sqft (54sqm)
+ Prominent position with high footfall
+ Close to public transport links and Gateshead Interchange
+ Retailers nearby include Tesco, Subway, Lloyds Pharmacy & The Post Office.
+ Free public car parking seconds away
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, Subway, Ladbrokes,
Lloyds Pharmacy and many various local retailers.
This retail unit has formerly been used as a busy news agency,
it is partly fitted and would continue to do well as a News Agency
or off license but could also be used for most businesses.
There is a shop front area with additional facilities to the rear
including a kitchen/store rooms and WC, there is also a rear
yard. The unit is secure and benefits from external roller shutters,
it is clean and tidy and is available for immediate occupation.
The accommodation comprises the following approximate Net
Ground Retail Zone A: 31.11sqm (335sqft)
Ground Retail Zone B: 14.42 sqm (155sqft)
Ground Internal Storage: 8.1 sqm (87sqft)
Total Area: 53.63 sqm (577sqft)
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 £6,760.00 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
Call: 0191 477 5777
Text/WhatsApp: 07920 522 713