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Unit A13 The Village, Intu Metrocentre, Newcastle Upon Tyne, NE11 9YN

600 sq. ft. | £16,500 pa| £1,375 pcm

Property Description

Commercial information

  • 600 sq ft (55 sq m)
  • Use class orders: A1 Shops

Key features

  • Metrocentre is the principal regional shopping centre
  • Largest covered shopping and leisure complex in Europe
  • Provides in excess of 1.8M sq ft of retail and leisure accommodation
  • 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

Full description

Location:

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, Candle Essence, Petite Delice and Games Workshop.

Accommodation:

The premises provide the following:

Net Frontage 4.09 m 13 05
Internal Width 6.08 m 19 11
Net Internal Area 55.70 m 600sq ft

Rent:

16,500 per annum inclusive of service charge, exclusive of rates.

Rateable Value:

With effect from 1 April 2010 the property is assessed for rating purposes as follows:-

Rateable Value 19,500
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).

Tenure:

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 when required.


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Property reference A13TheVillageMetrocentre. 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 @retail, Newcastle Upon Tyne.

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