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Property Features

Additional Information

Sale or Letting Letting
Property Type Commercial
Number of Sitting / Dining Rooms 1
Map
Street View
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Property Downloads

Please download the full property specification below:


Retail Unit on Coatsworth Road, Gateshead, Tyne & Wear, NE8 1SR

RETAIL UNIT | Ideal as Hairdressers or other | BUSY HIGH STREET | Coatsworth Road, Gateshead | C2569

£125.00
pw

(Monthly: £541.67)

Features



 £6,500 per annum (£125pw)
 Total area 280sqft (26sqm)
 Prominent position with high footfall
 Ideal for use as a hairdressers
 Retailers nearby include Tesco, Subway, Lloyds Pharmacy & The Post Office.
 Free public car parking seconds away

 

Location:

 

 

Strategically situated on Coatsworth Road in Bensham, the property benefits from a prime location within a thriving commercial district. Predominantly lined with ground-floor commercial units and upper-floor residential accommodations, Coatsworth Road contributes to the neighborhood's vibrant and dynamic atmosphere. The area's enduring popularity among businesses and residents is further evidenced by its consistently low vacancy rates. This popularity is driven by the area's proximity to Trinity Square/Newcastle and its excellent connectivity across the North East. Having served as Bensham's high street for over a century, Coatsworth Road continues to provide a thriving environment for a diverse range of local stores, including Tesco Extra, Subway, Ladbrokes, Lloyds Pharmacy, and many more.



Description:

 

 

 

This retail unit was previously occupied by a hairdressing salon and features a spacious shop front area along with additional facilities to the rear, including a WC. The unit is securely protected by external roller shutters and is presented in a clean and tidy condition, ready for immediate occupancy.



Accommodation:



The accommodation comprises the following approximate Net Internal Areas:

Ground Retail Zone A: 26sqm (280sqft)

Total Area: 26sqm (280sqft)

 


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 £6,500.00 per annum exclusive.

 


Business Rates

 

 

The current rating assessment is as follows: Shop & Premises £3,350. 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



Contact Us

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

Call us to discuss your requirements: 0191 477 5777