Jesmond Road, Jesmond, Newcastle Upon Tyne, NE2

The property comprises the ground floor retail unit.
Internally the property provides a cleared retailing space with a rear staff kitchen and two WCs.
Externally to the rear there is a small yard leading to the back lane.


DESCRIPTION
The property comprises the ground floor retail unit of a three storey, mid terraced property of traditional brick construction with a pitched tiled roof. . Internally the property provides a cleared retailing space with a rear staff kitchen and two WCs. Externally to the rear there is a small yard leading to the back lane.

ACCOMMODATION
The property includes the following net internal area:

Ground Floor Retail 58.3 sq m / 628 sq ft

TERMS
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £17,000 per annum (exclusive). All other terms are to be agreed by negotiation.

RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:

2023 - £2,250

The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound.

ANTI-MONEY LAUNDERING
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.

ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of C(68).

VAT
All figures are exclusive of VAT where chargeable..

The property is located on Jesmond Road, Jesmond, Newcastle upon Tyne, offering excellent frontage and passing traffic. Surrounding occupiers are a mix of commercial, leisure and residential uses with a strong local independent retail offering including occupiers such as Rehills, Peace & Loaf as well as Dene’s Deli.

The property is easily accessed by road, being parallel to the A1058 Coast Road, offering direct routes to Newcastle City Centre and the coast. The nearest Metro station is Jesmond, situated approximately 0.6 miles south west of the property.