Albert Road, Jarrow

A substantial two storey mid terraced building available to let on a new commercial lease with immediate possession available. The most recent use was as a Dentist surgery and it would suit a similar occupation or other commercial use, subject to any necessary consents. Floor area approximately 958 square feet. Well located with main road frontage in close proximity to Jarrow town centre and Metro Station and with good access to Tyne Tunnel and local main transport routes. Lease terms negotiable.
Accommodation
The building is arranged over two floors and approximate floor areas are as follows:
Ground floor 546 square feet comprising of two reception rooms and three further rooms.
First floor 412 square feet comprising of three rooms plus toilets.
Externally there is a rear yard area with up and over door to rear lane.
Lease
Available immediately for an initial term of six years with review after three, upon FRI terms at an initial rental of £12,000 pa. Each party to bear their own costs for the preparation of the lease. We are advised that VAT will not be chargeable on the rent. Please contact us to discuss any proposed variation of these initial terms.
Use
The last known use was as a Dentist surgery and the building is fitted out accordingly. It would therefore suit a similar or perhaps another health care occupation of some sort. It would suit other commercial uses, subject to all necessary consents. We believe that the current use class is E, which covers a wide range of uses but potential tenants must satisfy themselve with regard to their intended use.
Rates
The VOA website shows the current rateable value to be £4,500. If this remains unchanged then the tenant could potentially benefit from Small Business Rate Relief, subject to the full details of the ingoing tenant. Prospective tenants should make full enquiries regarding this.
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: B