Retail Property (high street) to rent

3a Clayton Road

£10,500 pa| £875 pcm

Property Description

Key features

  • Ground floor retail unit to let
  • Size 29.7m (319.7ft)
  • EPC Rating F150
  • Prominent frontage
  • By way of assignment
  • From 10,500 per annum exclusive

Full description

SITUATIONClayton Road is situated in a popular trading location and is predominantly inhabited by specialist boutique shops. It lies close to the centre of Jesmond, a suburb of Newcastle upon Tyne, which is dominated by professional offices and executive residential.Surrounding occupiers include Palmer Menswear, Hooker and Young and The Jesmond Beauty Clinic.DESCRIPTIONThe property is of brick construction and benefits from a prominent frontage with electric roller shutters. Internally the unit benefits from parquet flooring throughout, original ornate coving and spot lights. To the rear of the sales area is a separate WC.The property is currently let to Sutra Tea Company Limited and set out as a Tea Room with additional seating.ACCOMMODATIONThe property comprises a ground floor retail unit of the below sizes:-Ground Floor 29.7m² (319.7ft²)TERMSThe property is available by way of assignment on a lease with a term of five years commencing 1st September 2015. The lease has a current passing rental of £10,500 per annum with an upwards only rent review March 2018.Alternatively a new lease may be granted with terms to be negotiated.RATING ASSESSMENTDescription RV Estimated Rates PayableShop and £9,500 £4,579.00PremisesWe are advised that the rateable value of the premises as at 1 April 2010 is £9,500 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48.2p 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

  • Jesmond (0.4 mi)
  • West Jesmond (0.6 mi)
  • Manors (0.8 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.

Map & Street View

Nearest stations

  • Jesmond (0.4 mi)
  • West Jesmond (0.6 mi)
  • Manors (0.8 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.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 3239. 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.

Please refer to our Renting Guides for further information on how to safely rent a property.

Map data OpenStreetMap contributors.