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Property Type Commercial
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Please download the full property specification below:


Retail Unit on Prince Consort Road, Gateshead, NE8 1LR

RETAIL UNIT | Former Boots | VERY POPULAR LOCATION | Prince Consort Road, Gateshead | C1170

£130.00
pw

(Monthly: £563.33)

Features

+ £6,760 per annum (£130pw) + VAT
+ Total area 583sqft (54sqm)
+ Prominent position with high footfall on this very busy street.
+ Main root road for traffic to pass between Gateshead and Newcastle.
+ Retailers nearby include The Car Wash, Convenience Store, Dog Groomers, Fish Bar, Classic Tan and others.
+ Bus stop close to property
+ Free car parking close by

Location

The property is situated approximately half a mile south of Gateshead Town Centre in a predominantly residential area.

There is a bus stop opposite the property bringing a high footfall. Retailers nearby include The Car Wash, Convenience Store, Dog Groomers, Fish Bar, Classic Tan and others.

Description

This retail unit has previously been used by boots and could be used for most businesses. The property comprises of double fronted window display, retail room, consultancy room, storage/office area and a rear yard. The unit 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:
Gross Frontage: 5.23 m 17' 02"
Internal Width (max): 4.72 m 15' 06"
Shop Depth (max): 11.35 m 37’ 03”
Ground Floor Sales: 52.40 m² 564 sq.ft.
Ground Floor Anc: 8.73m² 94 sq.ft.
Total Area: 61.13m² 658 sq.ft.

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 £6,760.00 + VAT per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises £5,400.
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