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Retail Property (high street) to rent

87 Claypath

£16,000 pa

Property Description

Key features

  • Attractive ground floor retail unit
  • Ground floor sales 81.18m (873.8ft)
  • EPC C62
  • Currently benefits from A1 use but suitable for a variety of uses STPP
  • To let by way of assignment
  • Rental of 15,000 per annum

Full description

SITUATIONThe property is situated with a prominent frontage onto Claypath which is within close proximity of the Millennium Hall, Walkergate Leisure Scheme and provides a busy thoroughfare to and from the main shopping streets within the city centre, comprising of the Market Place, Silver Street and Saddler Street, which also provides a link to the Castle and Cathedral complex which are both designated World Heritage sites.Claypath has become an increasingly popular residential location for many of the City’s student population. Neighbouring commercial occupiers include; Kwik-Fit, Keith Pattinson Estate Agents and Ben Charles Estate Agents.DESCRIPTIONThe property comprises a mid terrace retail unit of brick construction under a pitched tiled roof. Internally the property is arranged to provide, attractive and well maintained ground floor retail space benefitting from gas central heating, laminate wooden floor covering and a suspended ceiling with recessed lighting.ACCOMMODATIONThe accommodation briefly comprises;Retail Sales 81.18 m2 (873.8 ft2) 464.4 ft2 (ITZA) Kitchen & WC FacilitiesTERMSThe property is available by way of a new EFRI lease at a rent of £16,000 per annum for a minimum term of 3 to 5 years. Subject to Contract.RATING ASSESSMENTWe understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.Description RV UBRShop & Premises £15,000 48.4pThe current rates payable £7,260ENERGY PERFORMANCEC62 LEGAL COSTSEach party to be responsible for any legal costs involved in the lease preparation.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.

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Property reference 3217. 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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