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Please download the full property specification below:


Retail Unit Chapel House Shopping Centre, Westerhope, Newcastle, NE5 1DT

RETAIL UNIT | Previous Newsagency | CHAPEL HOUSE | Town’s Local Shopping Centre | Westerhope | C992

£230.00
pw

(Monthly: £996.67)

Features

+ £230 per week (£12,000pa)
+ Total area 1,555sqft (144sqm)
+ Ideal location for restaurant (see description below)
+ Prominent position with high footfall
+ Nearby retailers include, Heron Foods, Tesco Express, Lloyds
Pharmacy, Post Office and a range of independent traders.
+ Free shared car parking with Tesco Express and Chapel House Primary Care Centre

Location

Chapel House is a large, popular housing estate situated on the western edge of Newcastle upon Tyne. It is approximately four miles west of the city centre, a busy neighborhood centre serving the local community.

The shopping centre provides fourteen retail units which are inward facing onto a partially covered precinct which fronts onto Hillhead Parkway. Occupiers include Heron Foods, Lloyds phar-macy the Post Office, and many independent retailers which includes a bakery, hairdressers, hot food takeaway and DIY shop. Additionally it is seconds away from a Tesco Express and Chapel House Primary Care Centre which is a large and highly popular practice which has expertise in dealing with asthma, minor surgeries, child health and development and LARC.

Description

This large retail unit is ideal for starting or relocating any established business. It comprises of a large retail area with a large storage room, office and a toilet to the rear, there is also access to a rear yard and shares a large car park with Tesco Express and the Care Centre. This property was previously used as a newsagent it is now empty with a few pieces of equipment left there by the previous tenant, should the new tenant wish they will be removed. There is a picture below to show what it once looked like.

Throwerstone believe this unit is an ideal location for use as a restaurant. We have discussed with the local council regarding granting an A3 license and received positive feedback, we are fairly certain it would be a simple process and would assist the tenant along the procedure. The property is secure and benefits from external roller shutters, it is clean and tidy and is available for immediate occupation.

Accommodation

The accommodation comprises the following approximate Net Internal Areas:
Ground Retail Zone A: 501sqft (46.5sqm)
Ground Retail Zone B: 407sqft (37.8sqm)
Ground Retail Zone C: 479sqft (44.5sqm)
Ground Garage: 169sqft (15.7sqm)
Total Area: 1,555sqft (144.5sqm)

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 £12,000 per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises £9,500.
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 Newcastle City 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