Retail Property (high street) to rent

Unit 20 Denmark Centre, South Shields, NE33

985 sq. ft. | £24,500 pa| £2,042 pcm

Property Description

Commercial information

  • 985 sq ft (91 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Letting information:

Letting type: Commercial

Key features

  • External facing unit
  • Park of a purpose built shopping centre
  • Strong secondary position
  • Prime retail pitch
  • Car parking is provided
  • Ground floor accomodation
  • A2 (Financial & Professional Services) planning consent

Full description

Location:

South Shields is located approximately 4 miles south east of the Tyne Tunnel, 8 miles east of Newcastle upon Tyne and provides principal commercial centre for South Tyneside. With close proximity to the A19 dual carriageway, the town enjoys excellent communication links including the Tyne and Wear Metro Network and has a resident population of 82,854 persons widening to 157,785 persons in the South Tyneside district. (Source Focus 2001).

Description:

This external facing unit forms part of the Denmark Centre, a purpose built shopping centre situated in a strong secondary position on the junction with the prime retail pitch of King Street. Ample car parking is provided in the vicinity including a roof top car park above the scheme. The centre is also close to the Metro Station and the town’s principal bus station. Other retailers within close proximity include Greggs, Games Workshop, Thomas Cook and various National Banks.

Accommodation:

The unit provides the following approximate areas and dimensions:

Gross Frontage 18’ 11” 5.763m
Internal Width 18’ 7” 5.659m
Shop Depth 57’ 5” 17.503
Ground Floor NIA 985 sqft 91.51 sqm

Lease Terms:

The property is available by way of an assignment an existing 20 year Effectively Full Repairing and Insuring Lease from 25th December 1997, due to expire in December 2017. The current passing rent is £24,500pa excl. Alternatively the property is available on a sublease for a shorter term. Incentives may be available to any ingoing tenant, subject to status.

Planning:

We understand the premises currently has an A2 (Financial & Professional Services) planning consent. Interested parties should make their own enquiries to South Tyneside Council Planning Department to satisfy themselves in respect to any planning matters.

Rateable Value:

We are verbally advised the premises are assessed for rating purposes as follows:

Rateable Value £26,000.00
Rates Payable 2014/15 £12,352.00

This information should be verified with the Local Rating Authority at South Tyneside Council, Tel: 0191 424 4299.

Energy Performance Certificate:

The Energy Performance Rating for this property is G (169).

More information from this agent

Nearest stations

  • South Shields (0.2 mi)
  • Chichester (0.5 mi)
  • North Shields (1.0 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.

Map & Street View

Nearest stations

  • South Shields (0.2 mi)
  • Chichester (0.5 mi)
  • North Shields (1.0 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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