Retail Property (high street) to rent

Durham Road, Gateshead, Tyne and Wear, NE8 4JR

£1,517 pcm
486 sq. ft.

Property Description

Commercial information

  • 486 sq ft (45 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Two storey, three floor property
  • Ground floor retail
  • First and second floor accommodation
  • Yard to rear
  • Fixtures and fittings included

Full description

The subject property is a mid terrace two storey three floor building comprising ground floor retail unit with a four bedroom flat above. The unit provides window frontage with signage above and ATM point. There is a yard to the rear, and separate access to the four bedroom flat on first floor and second floor. Fixtures and fittings are included along with premises licence. We have been informed that previous business had an average weekly taking of �5,000 per week.


Location 
The subject property is located on Durham Road, Gateshead. Gateshead lies approximately four miles south of Newcastle and nine miles east of Sunderland. The area benefits from a reasonable level of services and facilities and good levels of footfall and passing trade.

Accommodation 
GROUND FLOOR Shop: 37.92sqm (408sqft) Storage: 7.26sqm (78sqft) Total approximate NIA: 45.18sqm (486sqft) Residential accommodation to first and second floor. Adjoining properties have office space in upper floors. Any enquiries to change of use should be made to Gateshead Council.

Lease Terms 
Available by way of assignment. Shop unit at �200 per week and residential flat at �150 per week.

Rateable Value 
The adopted rateable value is �4,650 as effective from 01 APRIL 2010. Source: www.voa.gov.uk.

EPC 
Both commercial and residential EPCs are available upon request.

VAT 
We are advised that VAT is not payable on this transaction.

Additional Information 
For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

More information from this agent

Nearest stations

  • Gateshead Stadium (0.8 mi)
  • Felling (1.1 mi)
  • Newcastle Central (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0651 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Gateshead Stadium (0.8 mi)
  • Felling (1.1 mi)
  • Newcastle Central (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0651 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 309085. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial.

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