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Please download the full property specification below:


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Property Type Commercial
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Please download the full property specification below:


419-421 Stanhope Road, South Shields, NE33 4TD

RETAIL UNIT IN SOUTH SHIELDS | Prominent Location

£180.00
pw

(Monthly: £780.00)

Location

Located on Stanhope Road in South Shields, this unit benefits from excellent transport links with Chichester Metro Station a five minute walk away and frequent bus routes passing right by. The vibrant West Park is right nearby, bringing a heavy flow of traffic down Stanhope Road. Nearby retailers include ShopLocal, Dog Groomers, Tattoo Studio, Tanning Shop, Post Office, Hair & Beauty and a range of restaurants and cafes.

Description

This centrally located unit is ideal for starting or relocating your business. It comprises of a welcoming retail area to showcase your products, a dedicated rear storage room, and convenient staff toilets and facilities. An existing A5 Hot Food License, allows you to operate a hot food takeaway café or explore other business ventures. 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:

Ground Retail Zone A: 21.6sqm (233sqft)
Ground Retail Zone B: 18.9sqm (204sqft)
Ground Internal Storage: 44.5sqm (479sqft)
Total Area: 85sqm (915sqft)

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 £8,840 per annum exclusive which equates to £170 per week.

Business Rates

The current rating assessment is as follows: Shop & Premises £6,800.

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 South Tyneside 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