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Property Type Commercial
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Property Downloads

Please download the full property specification below:

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Stanhope Road, South Shields, NE33 4TD

RETAIL UNIT | Busy High Street | HIGH FOOTFALL | Immaculate | Stanhope Road, South Shields | C638

£75.00
pw

(Monthly: £325.00)

Location

The property is situated on Stanhope Road in South Shields.
It benefits from excellent transport links with Chichester Metro Station a five minute walk away and several bus routes using Stanhope Road. Additionally West Park is just minutes away, bringing a heavy flow of traffic down Stanhope Road. Nearby retailers include LifeStyle Express, Dog Groomers, Tattoo Studio, Tanning Shop, Paint Shop, Post Office, Hair & Beauty, Bakery, and a range of restaurants and cafes.

Description

This centrally located shop is ideal for starting or relocating your business. There is a large retail area, rear kitchenette, staff toilets and extra storage area in covered yard. The unit is secure and benefits from external roller shutters and a fire exit, 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: 20.3sqm (219sqft)
Ground Retail Zone B: 9.3sqm (101sqft)
Total Area: 29.6sqm (319sqft)

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 £3,900 per annum exclusive.

Business Rates

The current rating assessment is as follows: Shop & Premises £2,850.

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

Call us to discuss your requirements: 0191 477 5777