Retail Property (high street) to rent

12 Hood Street, Newcastle Upon Tyne, NE1 6JQ

952 sq. ft. | £19,500 pa| £1,625 pcm

Property Description

Commercial information

  • 952 sq ft (88 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • City Centre Location
  • Good transport infrastructure
  • Large ancillary storage

Full description

LOCATION

The unit forms a mid-terraced property situated just off Grey Street and within the heart of Newcastle City Centre. Nearby retailers include Ladbrokes, Coral, Lloyds TSB and Vivienne Westwood as indicated on the attached Goad extract. There are a number of bus stops and car parking facilities in the immediate vicinity and the Monument Metro Station is also close by.

ACCOMMODATION

The accommodation is arranged at ground and basement levels offering the following approximate floor areas and dimensions:

Gross. Frontage 9 ft 11 ins 3.027 m
Shop Depth 41 ft 11 ins 12.788 m
Ground Floor Sales 608 sqft 56.485 sqm
Basement Storage 472 Sqft 43.877 sqm
WC Ancillary

LEASE TERMS

The property is available on a new Full Repairing and Insuring Lease for a term of years to be agreed and subject to 5 yearly rent reviews, at an initial rent of 19,500pa excl.

RATEABLE VALUE

We are verbally advised by the Local Rating Authority that the premises are assessed as follows:-

Rateable Value: 23,000
Rates Payable April 2015/16: 11,339.00

Interested parties are advised to contact the Local Rating Authority for verification of the above.

SERVICE CHARGE

The service charge provision for 2015/16 is in the order of 500pa. Further details available upon request.


ENERGY PERFORMANCE CERTIFICATE

A full copy of the EPC is available for inspection if required.

LEGAL COSTS

Each party will bear their respective legal costs incurred in connection with the transaction.

VAT

All figures quoted in these terms are exclusive of VAT where chargeable

More information from this agent

Nearest stations

  • Manors (0.3 mi)
  • Newcastle Central (0.4 mi)
  • Jesmond (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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.

Floorplans


To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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

  • Manors (0.3 mi)
  • Newcastle Central (0.4 mi)
  • Jesmond (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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 12hoodstreet. 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 @retail, Newcastle Upon Tyne.

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