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Stamfordham Road, Newcastle upon Tyne, Tyne and Wear, NE5 5HL

£1

£0.00 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Commercial North East
SIZE AVAILABLE

326 sq ft

30 sq m

SECTOR

Restaurant for sale

Key features

  • Ground Floor Unit
  • Rent Free for Full Term
  • 50/50 Split Business Opportunity
  • NIA 30.39sqm (326sqft)
  • Electricity Included
  • Window Frontage and Shutters

Description

We are pleased to offer to the market the chance to occupy a ground floor unit on Stamfordham Road, with no rent payable. The owner has proposed entering into a 50/50 business partnership with the prospective tenant, and in return offer a free rent. The owner is willing to be fully involved in the proposed business venture. The unit measures 326sqft and benefits from electricity, glass window frontage and roller shutters. This is a unique opportunity to gain a premises in a popular location free of charge, and to acquire a valuable business partner.

Location

The subject is located on Stamfordham Road, Westerhope, Newcastle upon Tyne which lies approximately 6 miles northwest of Newcastle and 8 miles northwest of Gateshead. Stamfordham Road also lies within close proximity to the A1 and A69, with excellent transport links to Newcastle Upon Tyne with the A1 providing access both north and south throughout the region. The surrounding area is predominantly residential, with a popular shopping area which is close to a range of local restaurants and local facilities, benefiting from good levels of footfall and passing trade.

Accommodation

Ground floor unit measuring an NIA of 30.39sqm (326sqft).

Business and Lease Terms

The vendor has proposed to offer free rent to his potential tenant, under the condition that the tenant is willing to enter into a 50/50 split business partnership with the vendor. For further information, please contact us.

Rateable Value

The adopted rateable value is yet to be assessed.

EPC

Available upon request.

VAT

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

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . 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.

Energy Performance Certificates

EPC

Brochures

Stamfordham Road, Newcastle upon Tyne, Tyne and Wear, NE5 5HL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bank Foot Metro Station1.1 miles
  • Kingston Park Metro Station1.3 miles
  • Callerton Parkway Metro Station1.9 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 338791. 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 Pattinsons, Pattinsons Commercial North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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