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Retail Property (high street) to rent

75 High Street

£25,000 pa

Property Description

Key features

  • Ground floor retail unit
  • Prominent location on High Street
  • Large glass frontage
  • Benefits from A1 yse
  • Total size of 75.9m (817ft)
  • EPC Rating C72

Full description

SITUATIONThe property is located on High Street, in the heart of Gosforth. The property is two miles to the north of Newcastle City Centre, which is accessed via the B1318 Great North Road. Access to the A1 (M) and the south via the Tyne Bridge is only 3 miles from the subject premises.Nearby occupiers include a number of national and regional operators including Barclays Bank, Sanderson Young and Kuoni Travel BureauDESCRIPTIONThe property is a prominent retail unit with a large glass frontage onto Gosforth High Street. The unit is of an open plan design with additional cupboard storage.ACCOMMODATIONGround Floor Retail                        72.9m2           785ft2 Storage                                               3.0m2              32ft2 Total                                                   75.9m²             817ft²TERMSThe premises are available by way of a new FRI lease for a term of years to be agreed at a rental of £25,000 (Twenty Five Thousand Pounds) per annum.RATING ASSESSMENTDescription                         RV                      Estimated Rates PayableOffices and                    £16,750                            £7,872.50PremisesWe are advised that the rateable value of the premises as at 1 April 2010 is £16,750 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 0.47p 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 Tim Aisbitt or Kristian Sorensen at Bradley Hall.Tel: 0191 232 8080Email:

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Property reference 2822. The information displayed about this property comprises a property advertisement. 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 & Estate Agents, Newcastle upon Tyne - Commercial.

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