£4,940 per annum (£95pw)
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
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 lo-cation 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 hairdressers unit. There is a shop front area with additional facilities to the rear including a WC. 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 Internal Areas:
Ground Retail Zone A: 26sqm (280sqft)
Total Area: 26sqm (280sqft)
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 £4,940.00 per annum exclusive.
The current rating assessment is as follows: Shop & Premises £3,100.
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.
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