|Added on Rightmove:||20 March 2015 (801 days ago)|
- Retail unit to let
- High pedestrian football
- 133.7 sq m (1,439 sq ft)
- Town centre location
- EPC Rating D85
Full descriptionSITUATIONThe property is located in South Shields town centre and is situated on the popular Fowler Street. The street benefits from a high rate of pedestrian footfall due to it being home to a number of national and local retailers including BHS, Carphone Warehouse, Ladbrokes and The Money Shop.The property benefits from a good passing trade due a number of direct bus routes, ample car parking facilities and access routes in nearby surrounding areas. Newcastle city centre is positioned 12 miles to the west and is access via the A184.DESCRIPTIONThe subject property is a ground floor mid terrace unit which has previously been occupied by Londis Newsagents. The property currently benefits from A1 (retail) use, but may be suitable for alternate uses subject to planning permission.ACCOMMODATIONThe property comprises the following:Ground Floor Sales 133.70m² (1,439.15ft²)TERMSThe property is available at a rental of £12,500 (Twelve Thousand Five Hundred Pounds) per annum, by way of a new lease for a term of years to be agreed.RATING ASSESSMENTDescription RV Estimated Rates PayableShop & Premises £15,000 £7,065We are advised that the rateable value of the premises as at 1 April 2010 is £15,000 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p 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.
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Property reference 1459. 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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