Property to rent

Unit 5 The Haymarket

£57,500 pa| £4,792 pcm fees apply

Property Description

Letting information:

Added on Rightmove: 08 December 2015 (405 days ago)

Key features

  • Prime city centre location
  • Size 129.73m (1,397ft)
  • Ground and first floors available
  • Prominent frontage
  • EPC rating of E118
  • Rent of 57,500 per annum

Full description

SITUATIONThe subject property is located at Haymarket bus/metro station at the northern end of Northumberland Street within Newcastle City Centre.Northumberland Street is a prime shopping pitch in the City and benefits from retailers such as Marks & Spencer, Primark and H&M.Adjacent occupiers in the immediate vicinity include Lloyds TSB, Coral, Ladbrokes, Halifax Bank and Milligans Bakery.DESCRIPTION The premises comprises of the ground and first floors of a mid-terrace building. The Money Shop currently occupies the corner plot unit with the benefit of return frontage onto both Percy Street and Northumberland Street.The ground floor is currently fitted out as a currency exchange, with a customer area and trading counter accompanied by office and storage space at the rear. The first floor is a combination of offices and staff accommodation featuring a small kitchen, storage area and WC facilities.The property has beneficial features in place which include, roller shutter doors, fire alarm, double glazed windows, Mitsubishi heating and cooling air conditioning system situated on both floors.ACCOMMODATIONWe understand that the accommodation provides the following:- Retail Sales Area 66.60 m² 717 ft² Storage 3.70 m² 40 ft² First Floor 59.43 m² 640 ft² Total NIA 129.73 m² 1,397 ft²TERMSAvailable by way of assignment, the premises are held on a lease for a term of 10 years from May 2010 on a Full Repairing and Insuring basis effective via service charge. Alternatively a sublease is available on an FRI basis for £57,500 (Fifty Seven Thousand Five Hundred Pounds) per annum.RATING ASSESSMENTDescription RV Estimated Rates PayableShop and £81,500 £39,120 PremiseWe are advised that the rateable value of the premises as at 1 April 2010 is £81,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48.0p in the pound. However, interested parties should confirm the current position with the Local Authority.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 agents Bradley Hall Chartered Surveyors or Sanderson Weatherall.

More information from this agent

Nearest stations

  • Manors (0.4 mi)
  • Jesmond (0.5 mi)
  • Newcastle Central (0.6 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

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

0191 687 0028 Local call rate

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Map & Street View

Nearest stations

  • Manors (0.4 mi)
  • Jesmond (0.5 mi)
  • Newcastle Central (0.6 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

14-16 Grey Street Newcastle Upon Tyne NE1 6AE

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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Property reference 2460. 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 Bradley Hall Chartered Surveyors, Newcastle upon Tyne - Commercial.

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