Shop to rentUnit A2 The Village, Intu Metrocentre, Newcastle Upon Tyne, NE11
734 sq. ft. | £32,500 pa| £2,708 pcm
- 734 sq ft (68 sq m)
- Use class orders: A1 Shops
- Principal regional shopping centre in the North of England
- Provides in excess of 1.8M sq ft of retail and leisure accommodation
- Over 9,250 free car parking spaces
- Situated on the upper level of Metrocentre in The Village
- Area characterised by its specialist users
- Local retail owner led mix
- Links the Public Transport Interchange direct to the Green Mall and the Centre itself
The Metrocentre is the principal regional shopping centre in the North of England and the largest covered shopping
and leisure complex in Europe, providing in excess of 1.8M sq ft of retail and leisure accommodation with over 9,250 free car parking spaces. The centre is anchored by Marks & Spencer, Debenhams, House of Fraser and Odeon cinema, with other retailers including Primark, Zara, Apple and Next.
Situation and Description:
The unit is situated on the upper level of Metrocentre in The Village, an area characterised by its specialist users
and local retail owner led mix. This prominent unit is positioned in the Mall linking the Public Transport Interchange direct to the Green Mall and the Centre itself. Nearby occupiers include Trade Nation, David Summerfield, Sherlocks, Costa, Petite Delice and Games Workshop.
The premises provide the following:
Internal Width 5.80 m 19’ 01”
Net Internal Area 68.14 m² 734 sq ft
£32,500 per annum inclusive of service charge and exclusive of rates.
With effect from 1 April 2010 the property is assessed for rating purposes as follows:-
Rateable Value £27,250
UBR 2015/2016 49.3p
Interested parties should verify the accuracy of this information and rates payable with Gateshead Metropolitan borough Council (Tel: 0191 433 3000).
The unit is available by way of a new 5 year effectively Full Repairing and Insuring Lease for a term certain of 12
months, subject to a monthly mutual rolling option to break the lease thereafter. The lease will be contracted out of the security of tenure provisions provided by the Landlord and Tenant Act 1954. Annual increases of rent linked to the Retail Price Index will also apply.
Code of Practice:
The landlord accepts the principles and will be flexible in considering alternative terms offered in accordance with
the Commercial Lease Code of Practice.
Energy Performance Certificate:
An EPC has been commissioned but is not yet available. A full copy of the EPC will be available for inspection
More information from this agent
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