Team Valley Shopping Village, Team Valley, Gateshead, Tyne and Wear, NE11

The property has the benefit of a large glazed retail frontage. Internally the property provides a cleared retailing space with a rear staff kitchen and WC.

DESCRIPTION
The property comprises a ground floor, mid terraced retail unit of traditional brick construction with a pitched tiled roof. The property has the benefit of a large glazed retail frontage. Internally the property provides a cleared retailing space with a rear staff kitchen and WC.

ACCOMMODATION
The property includes the following net internal area:

Ground Floor 48.41 sq m, / 521 sq ft

TERMS
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £10,750 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 - £9,800

The Small Business Rate for the year 2025/2026 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 B(48).

VAT
All figures are exclusive of VAT where chargeable..

IMPORTANT NOTE:
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance  professional verification should be sought.  All dimensions/boundaries are approximate. The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. These particulars do not constitute a contract or part of a contract. All terms are subject to contract.

The property is located on the Team Valley Trading Estate, the North East’s premier office, retail and industrial estate.

The property is situated on Team Valley Shopping Village, a busy parade of shops centrally located, off the east of Kingsway which is the main thoroughfare, north to south, on the Team Valley estate.