Retail Property (high street) to rent

5 Bigg Market

£35,000 pa| £2,917 pcm

Property Description

Key features

  • Ground and First Floor Premises
  • Prominently Located on Bigg Market
  • Benefits From A5 Use Class
  • Total size of 162.7m (1,752ft)
  • EPC Rating E109
  • Rental of 35,000 per annum

Full description

SITUATIONThe property is located on Bigg Market in the heart of the Newcastle City Centre. Bigg Market is a popular retail and leisure location whilst also providing access to other high profile destinations including Collingwood Street, High Bridge, Grey Street and The Gate.Nearby retail occupiers include Best One Xpress, Holland and Barrett and Kommando Outdoors. The close by leisure operators includes Passing Clouds, Stein Bier Keller and The Gentleman. DESCRIPTIONThe property is a retail unit comprising of 1,752 sq ft over ground floor sales and first floor stores and is complete with a traditional shop frontage. The property benefits from an A5 Hot Food Takeaway use class licenseACCOMMODATIONThe accommodation comprises:Ground Floor 139.30m² (1,499ft²)First Floor Stores 23.49m² (253ft²)Total Size 162.79m² (1,752ft²)TERMSThe property is available by way of a new FRI lease for a term of years to be agreed at a rental of £35,000 (Thirty Five Thousand Pounds) per annum. An additional service charge is payable and details are available on request.RATING ASSESSMENTDescription RV Estimated Rates PayableShop & £29,250 £14,157PremisesWe are advised that the rateable value of the premises as at 1 April 2010 is as above and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 48.4p 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 Kristian Sorensen at Bradley Hall Chartered Surveyors or join agent s Gavin Black & Partners or Simon Bartlett.Tel: 0191 232 8080 Email: Kristian.sorensen@bradleyhall.co.uk

More information from this agent

Nearest stations

  • Newcastle Central (0.2 mi)
  • Manors (0.4 mi)
  • Jesmond (0.9 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

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Map & Street View

Nearest stations

  • Newcastle Central (0.2 mi)
  • Manors (0.4 mi)
  • Jesmond (0.9 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.

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Property reference 3208. 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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