Property to rent

Unit 8 Denmark Centre

£15,600 pa| £1,300 pcm fees apply

Property Description

Letting information:

Added on Rightmove: 23 August 2014 (1126 days ago)

Key features

  • Ground floor retail unit
  • First floor offices / storage
  • Ground floor 80.9 sq m (870.8 sq ft)
  • First floor 40.3 sq m (433.8 sq ft)
  • EPC Rating C74

Full description

SITUATIONSouth Shields is located approximately 8 miles to the north of Sunderland and 10.5 miles to the north east of Newcastle upon Tyne.The Tyne Tunnel and A19 are within easy reach and the town has the benefit of the Tyne and Wear Metro service and excellent bus routes to and from the town.The Denmark Centre is a busy shopping centre located just off King Street and benefits from roof top car parking above the shopping centre and further abundant car parking in the vicinity.Other nearby occupiers includes Greggs, McDonalds, Dawson & Sanderson and HSBC Bank.DESCRIPTIONThe property comprises a ground floor retail shop with stores and offices at first floor within the Denmark Centre.ACCOMMODATIONThe accommodation comprises:-Ground Floor Retail 80.9m² (870.8ft²)First Floor Offices/Storage 40.3m² (433.8ft²)Total 121.2m² (1304.6ft²)TERMSThe property is available on a new lease for a term to be agreed on a stepped rental as below.Year 1 £15,600 per annum Year 2 £19,500 per annum Year 3 £22,100 per annumRATING ASSESSMENTDescription RV Estimated Rates PayableShop and Premises £16,500 £7,557We are advised that the rateable value of the premises as at 1 April 2010 is £16,500 and we have estimated the actual rates payable for the current year above. This is based on the standard Small Business Rate of 45.8p in the pound. However, interested parties should confirm the current position with the Local Authority. As a new occupier rights of appeal may exist against this assessment.LEGAL COSTSEach party is to bear their own legal costs involved in the transaction.VATAll rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.


Nearest stations

  • South Shields (0.2 mi)
  • Chichester (0.5 mi)
  • North Shields (1.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 Local call rate

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Nearest stations

  • South Shields (0.2 mi)
  • Chichester (0.5 mi)
  • North Shields (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial

1 Hood Street Newcastle Upon Tyne NE1 6JQ

0191 687 0028 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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